Originations

PennyMac’s first jumbo mortgage-backed securities deal in its planned form does not have a master servicer, unlike previous deals in the space.

A study of the investment portfolio of 34 life insurance groups by Fitch Ratings found they have made a modest allocation shift into less liquid assets, including commercial mortgage loans.

The Boston City Council unanimously passed a bill aimed at improving banking practices in low- and moderate-income neighborhoods, including those related to mortgage lending and foreclosure prevention.

A DocuTech executive advises preparing for a pronounced decrease in volumes as well as new regulations when January hits.

Self-Help Federal Credit Union has officially reopened the failed thrift in conjunction with Chicago's Resurrection Project.

Cardinal Financial Corp. said it has experienced a 40% decline in mortgage originations in 3Q13 when compared with the second quarter because of rising interest rates affecting the refinance business.

MortgageDashboard introduced a new version of its mortgage software that creates simplicity for lenders when it comes to originating loans.

There is now a 100 mile restriction for where loan officers can work from.

Citigroup and Goldman Sachs priced an offering of $989.54 million of commercial mortgage-backed securities.

Madison Realty Corp. said the final closing of its Sullivan Debt Fund LP brought in $350 million in capital commitments.

Buying is now 35% more affordable than renting, compared with a 45% difference a year ago.

Mortgage Grapevine posters try to interpret what the Consumer Financial Protection Bureau will allow.

The bank will also expedite new home equity loan applications for flood victims.

The rules build on settlements the state has entered into with three providers of this product.

PennyMac is putting its first jumbo mortgage-backed securities deal in the pipeline, a deal roughly $550 million in size.

We're hearing from the U.S. Court of Appeals, Seventh Circuit, where not one but two cases involving the same Wisconsin mortgage broker were decided.

Tamara Tikal's husband was already being held in custody, yet she and a partner allegedly kept his scheme going.

The Federal Reserve decision not to taper its bond purchases at this time will be good for mortgage volume in the short term.

Currently, only about a third of all lending is for new purchase money mortgages. The rest is from people refinancing their current mortgages.

Members of the management team and key employees of IFG Mortgage Corp. have joined Equity Loans.