Originations

Although the housing crisis is still in the early stages of a recovery, now may be the perfect time to reflect on the last decade to see what we have learned and where the housing industry is headed.

Realtors, homebuilders and small lenders are warning that a GSE reform bill approved by the House could curtail mortgage lending and harm the economy because it does not provide a federal government guarantee to protect MBS investors.

The average rate for a 30-year fixed-rate mortgage held steady near its high for the year in Freddie Mac’s latest weekly survey.

BMO Capital Corp. has lowered its earnings estimates for a number of banks, most notably Wells Fargo.

As more emphasis has been put on quality reviews done as close to the beginning of the origination process as possible, more mortgage market participants have been reviewing more of their loans at that stage.

A decrease in foreclosure starts was the main driver that led to a fall in overall activity with 128,560 foreclosure filings reported during August.

Barry Habib, chief market strategist for Residential Finance, analyzes the Mortgage Bankers' Association's latest applications data as well as the U.S. initial jobless claims reported last week.

We're hearing I’m going to take a break from talking about football this week to discuss something more important.

Amy Tierce's opinion on where we stand, five years after the failure of Lehman Brothers.

The Texas state constitution must be amended for lenders to be able to offer the HECM for Purchase product, proponents said.

Even though the Dow once again had a triple-digit gain, nine Mortgage Industry Equity Composite stocks closed lower, while just eight were up.

A credit risk specialist at the Office of the Comptroller of the Currency is warning banks to prepare for increasing losses on their home equity lines of credit over the next four years.

If implemented as-is, the latest risk retention proposals that U.S. regulators released Aug. 28 will lead to changes in deal structure and credit quality in commercial mortgage-backed securities.

GPT Property Trust has obtained a $100 million senior secured revolving credit facility from a group of lenders led by affiliates Deutsche Bank.

A poster on the Mortgage Grapevine is looking for a jumbo loan on a single-family property in Washington.

A mortgage fraud ring of professionals operating in Syracuse allegedly obtained more than $1 million from lenders while preying on first-time home buyers and taxpayers.

HomePlus Mortgage has been rated by LendingTree’s consumer users as the top lender for providing consumer service in the second quarter.

Homebuilders continued to test pricing in a rising rate environment and some builders got too aggressive.

The nation’s community bankers have “serious concerns” about the new National Flood Insurance Program slated to take effect next month.