Originations

The subset of Home Affordable Refinance Program applications for the week hit 38%, up three percentage points from the prior week.

KBW expects earnings to trough in 2014 and grow strongly starting in 2015 driven by the ongoing recovery in the home purchase market.

The American Bankers Association has endorsed SunTrust Mortgage to offer ABA members an outlet to sell mortgage loans on advantaged terms.

Residential mortgage lender Cobalt Mortgage, Kirkland, Wash., has opened a new branch in Bellingham, its 19th office in the state.

There were 13 of 17 Mortgage Industry Equity Composite member stocks closing higher on Tuesday, led by Fidelity National Financial and Ellie Mae.

Ares Commercial Real Estate Funding has completed its purchase of EF&A Funding LLC, which does business as Alliant Capital LLC, for nearly $61 million.

The August delinquency rate for U.S. commercial real estate loans in CMBS dropped for the third straight month.

The issuance of U.S. commercial mortgage-backed securities has totaled $56 billion so far this year, handily beating the $48 billion place in all 2012

Both builders and developers report that lenders are loosening their purse-strings on their all-important acquisition, development and construction funding.

In today’s multifaceted lending environment lenders need to use sophisticated loan servicing systems that support multiple business channels and adapt to ever-changing industry rules and regulations.

Mountain Real Estate Capital has entered into a joint venture agreement with Lansdowne Development Group that is in line with the firm’s dynamic growth strategy of the past three years.

The Mortgage Grapevine has an originator looking for a funding source to do a $1.12 million commercial refinance.

A recent vacation reminded Brad Finkelstein about the benefits of having a good credit profile.

NCUA filed suit against Morgan Stanley & Co., Inc. and other firms, alleging violations of federal and state securities laws in the sale of more than $566 million in mortgage-backed securities to U.S. Central and WesCorp.

Arizona’s housing market, one of the nation’s four worst hit by the foreclosure crisis, is seeing constant improvements in housing prices, employment and overall recovery compared to 2012.

Despite interest rates rising, origination volume remains stable and a downward trend in delinquencies and foreclosures continues nationwide through July.

Economists at Wells Fargo Securities are sticking with their theory that extremely wet weather in the South is responsible for the recent slowdown in new home construction and sales.

Stewart Lender Services, Houston, has acquired Allonhill LLC, a due diligence and risk management company based in Denver.

The Eleventh Federal Home Loan District Cost of Funds Index was virtually flat in July compared with June at 0.954%.

Credit unions’ $66.1 billion in first mortgage originations is the highest ever through June, helped by a record $34.9 billion in home loans being granted to members during the second quarter.