Originations

Higher home prices that are currently soaring in many parts of Florida have increased affordable housing demand pressing developers to take advantage of available resources.

With apologies to Don McLean, the day the subprime died.

We're hearing well-to-do jumbo borrowers are securing better mortgage rates than the average Joe getting a conventional loan from a Fannie Mae or Freddie Mac lender.

Iberiabank said that it will acquire six branches from Synovus, along with $131 million in loans and $205 million in deposits.

Between June 2012 and August 2013, the number of counties committing to e-recording increased by more than 25%.

Mortgage lender Quicken Loans is “betting big” on the city by entering into a multiyear partnership with the Detroit Lions football team.

The tight inventories of new and existing homes are easing and should be more balanced a year from now.

The ability to expand markets while growing existing market share is ultimately based on how well new and updated technologies support compliance.

The recovery rate on securitized commercial mortgage loans that were liquidated during the second quarter suffered a fairly sizeable setback while the overall volume of specially serviced CMBS loans is gradually shrinking.

HomeStreet in Seattle has expanded its mortgage business in the Golden State, opening six offices in Northern and Central California.

The Department of Housing and Urban Development has redesigned its reverse mortgage program to reduce losses and ensure seniors keep some of their home equity in reserve.

Nonbank mortgage lenders added 300 employees to their payrolls in July despite rising mortgage rates and falling refinancing activity.

Concerns are being raised that slowing household formations and workforce expansion could be a drag on homebuilding in the years to come.

WNC has closed its 2013 fiscal year with a total of six low-income housing tax credit funds that raised an aggregate $348 million in equity.

One Grapevine poster keeps hearing there is a ton of money sitting on the sidelines waiting.

Stonegate Mortgage Corp., a nonbank mortgage company based in Indianapolis, has opened a new branch in Southlake, Texas.

The American Bankers Association has endorsed the mortgage unit of SunTrust Banks as an outlet for banks to sell mortgage loans.

Bankrate’s weekly national survey shows rates rebounded for all loan types with the 30-year fixed mortgage rate climbing to 4.72%.

Financial institutions are on the lookout and preparing to fight new mortgage repurchase demands from the government-sponsored enterprises now reviewing files from as far back as 2002.

In August asking home prices increased 11% year-over-year but only 1.2% month-over-month and 3.1% quarter-over-quarter.