Originations

The origination business at Nationstar Mortgage Holdings is currently benefiting from strong refinancing activity but the giant servicer also is focusing on the purchase mortgage side.

Ethics concerns raised by House lawmakers about Raj Date, the former No. 2 at the Consumer Financial Protection Bureau who left to form his own firm, appear overblown.

Title margins at Fidelity National Financial increased by 200 basis points in 2Q13 over the year prior, the best for any second quarter at the underwriter since 2003.

Including distressed sales,—short sales and real estate owned properties—the CoreLogic Home Price Index report jumped 1.9% from May to June.

Nationstar Mortgage Holdings reported net income of $123.4 million for the second quarter, up from $36.3 million a year ago.

The Obama administration will be calling on Congress to pass legislation that will allow Fannie Mae and Freddie Mac to refinance underwater loans in private label securities.

Thomas Weldon Egan, who served as president of the Connecticut Mortgage Bankers Association from 2006 to 2008, died Aug. 2 at the age of 65.

As Gen. Douglas McArthur said, “Age wrinkles the body. Quitting wrinkles the soul.”

It was being a working capital lender that led Fidelity Bank into the mortgage warehouse business in the late 1980s.

The speed of homes entering the market being sold is slowing as inventory starts to creep up, Redfin’s June Fastest Markets report claims.

LenderLive Network has been approved by Ginnie Mae as an issuer of the agency’s mortgage-backed securities.

There were 12 of the 17 Mortgage Industry Equity Composite stocks which lost value on Monday.

Banks reported strong demand for purchase mortgages but very little in the way of easing their tight credit standards.

The grants are part of the bank’s pledge to invest 10% of its profits in the development of affordable owner-occupied and rental housing for very low- to moderate-income families.

A loan scenario posted on the Mortgage Grapevine is looking for a rate and term refinance.

The pool of high-balance, high-credit quality GSE loans have already been refinanced via the Home Affordable Refinance Program.

South Florida has cruised past its condo bust years and has entered a real estate stratosphere that has not been seen in the United States outside of New York and California's celebrity neighborhoods.

There was a 2.2% increase in the availability to consumers of mortgage product offerings from June to July.

Freddie Mac said that its 50th offering of multifamily mortgage-backed structured pass-through certificates since it began the program in 2009 is in the pipeline.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.