Originations

The mortgage technology company had the largest percentage loss among Mortgage Industry Equity Composite stocks.

Mortgage applications to purchase new homes rebounded 14% in July after a 15% drop in June.

While most loan officers (including Solter) work with Realtors, very few call on architects, who also deal with buyers.

Following its aggressive mortgage servicing portfolio expansion, Walter Investment Management Corp.’s drastic $142.8 million annual net income increase in the second quarter was not much of a surprise.

The Rancho Santa Fe, Calif., business operator is alleged to have obtained $2.2 million in mortgages using false information, including some agency loans.

Farmer Mac reported GAAP net income of $27.7 million for the second quarter, reversing a loss of $4.3 million for the same period in 2012.

The deal has a $325 million original balance that is backed by fee-simple and leasehold interest in a mall located in McLean, Va.

Origination News had a roundtable discussion with the officers of the Florida Association of Mortgage Professionals at the group's annual convention in Orlando, covering such issues as rising rates, recovering markets and regulation in the state.

Another complex loan scenario posted on the Mortgage Grapevine involves a borrower who reportedly has verifiable W-2 income.

Lender Processing Services had net earnings of $19.1 million for the second quarter, compared with a net loss of $37.9 million one year prior.

The judges have selected the finalists for the 14th Annual Mortgage Technology Awards. Watch to see who will contend for this year's awards.

Comparative data on servicers of securitized residential mortgage loans show RMBS investors are likely to shoulder higher carrying costs due to long and lengthening completed foreclosure timelines.

Eminent domain is a bad idea. Let’s put this as clearly as possible: cities, counties, don’t do it.

Walker & Dunlop earned $14.5 million for 2Q13, up from $9.3 million one year prior, as loan originations practically doubled to $2.6 billion from $1.3 billion over the same frame.

Investors Thursday seemed to think Annaly's earnings didn't look too bad, especially considering that its mortgage investments—as its CEO describes them—can be “somewhat of a pain in the…”

Teresa and Giuseppe “Joe” Giudice are accused of conspiring to defraud lenders and of hiding assets during a bankruptcy proceeding.

Ellie Mae is considering a sale and has interviewed banks to manage the process, three people with knowledge of the matter said.

Ellie Mae was the largest gainer among Mortgage Industry Equity Composite stocks on Thursday.

The number of loans in Mortgage Guaranty Insurance Corp.’s delinquent inventory declined by 1,350 in July.

In the wake of the president's housing address, the media largely concentrated on his recommendations for housing finance reform.