Originations

First Guaranty Mortgage Corp. has created a division in its third-party originator group to focus on producing Department of Agriculture Rural Housing program mortgages.

We're hearing that some folks enjoy my creative use of metaphors in my weekly columns, which at least proves that some mortgage bankers have a sense of humor even as times get tough.

The Federal Housing Administration is currently reviewing all single-family loans that default during the first 24 months.

Envoy Mortgage, currently engaged in enhancing and restructuring its mortgage banking capabilities, is choosing in-house servicing over subservicing.

Customer advocacy groups recently targeted Bank of America and JPMorgan Chase headquarters during annual shareholder board meetings to protest against mortgage lending discrimination and abusive foreclosure practices.

Radian Guaranty reports it did $4.56 billion of primary new insurance written in May, topping April’s $4.1 billion.

For the week ended May 31, overall application volume fell 11.5% from the prior week on a seasonally adjusted basis.

Conix Inc. has just completed a $42 million nonperforming loan securitization.

Process efficiency is name of the game in a mortgage environment where originators will be looking at every dime spent versus received

Here are some items you should consider making a commitment not to undertake.

Federal Housing Administration officials tried to conceal an analysis showing FHA could face a $115 billion shortfall, a letter from a lawmaker shows.

Most industry stocks were down by more percentage-wise than the Dow, but the most any one individual MIEC stock was down on the day was just 4.65%

The Consumer Financial Protection Bureau released exam guidance that details how it plans to enforce its recently released mortgage regulations.

A consumer has turned to the Mortgage Grapevine seeking help for financing a residential property purchase.

The chief executive of First American Financial Corp. said rival Fidelity National Financial’s deal to acquire Lender Processing Services was a good transaction for those companies and a neutral to slightly positive one for his firm.

Steve Campbell will be responsible for overseeing all of ProVest’s technological responsibilities, including managing technology infrastructure planning and deployment.

PHH Corp. president and CEO Glen Messina said the company’s private-label mortgage clients as well as its joint venture with Realogy right now are seeing robust purchase market activity after the recent rise in rates.

The U.S. Attorney for the Middle District of Florida said that Joseph Daniele pleaded guilty to conspiracy to commit wire fraud affecting a financial institution.

New York attorney general Eric Schneiderman has filed a lawsuit that accuses HSBC Bank USA and HSBC Mortgage Corp. for intentionally trapping homeowners into a foreclosure processing maze.

A bipartisan group of U.S. senators is putting the final touches on a bill that would liquidate Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities behind private capital.