Originations

The USDA Rural Development program has its own underwriting technology, called GUS, short for Guaranteed Underwriting System.

Fannie Mae has promoted Terence Edwards, the former president and CEO of PHH Corp., to executive vice president and chief operating officer.

Blueprint Capital has completed its conversion to a real estate investment trust corporate structure.

The continuous housing market recovery and the overall decline in inventory is pressuring down foreclosure sales across California.

Home equity loans are one type of loan product expected to pick up as refinances dwindle, according to an ISGN executive.

A property manager and a straw purchaser admitted to participating in a multimillion-dollar scheme that defrauded financial institutions by using phony documents and straw buyers to make illegal profits.

Midland States Bancorp has agreed to acquire Heartland Bank and its subsidiaries from Love Savings Holding.

There is starting to be a shift in the dynamics of the housing market, which will mean future increases in home values will be driven by market demand rather than the shortage of homes for sale.

Shellpoint Partners' second sale of home-loan securities without government backing comes after the restructuring of its initial transaction.

U.S. Bancorp expects its mortgage revenue to drop 20% in the third quarter from the second period amid a decline in mortgage applications and mortgage production.

Seneca Mortgage Investments is planning to acquire AMS Servicing.

Gerry Zobrist was sentenced to 87 months in prison for his involvement in a mortgage fraud scheme that caused more than $30 million in losses to lenders.

Of the 17 members of the Mortgage Industry Equity Composite, only three closed higher on Thursday than they did on Wednesday.

Fortress Investment Group hired Michael Nierenberg, Bank of America Corp.’s head of global mortgages and securitized products, as a senior executive in its private-equity business.

Kroll Bond Rating Agency has assigned preliminary ratings to six classes of mortgage pass-through certificates from another Shellpoint Asset Funding Trust deal.

For the most part what we are hearing is aggravation for title underwriters relating to their title agents.

Grant Mitchell, the former assistant general counsel at the Department of Housing and Urban Development known throughout the industry as Mr. RESPA, has died.

Analysts continue to address single-family foreclosure-to-rent properties as an emerging asset class, but there is consensus this segment of the REO market is on solid growth mode.

National Credit Services’ TRV Services product suite is now available through the Calyx Point loan origination system.

Mortgage applications to purchase newly built homes declined 14% on an unadjusted basis in August compared with July.