Originations

Fitch Ratings believes the recent home price gains recorded in several residential markets are outpacing improvements in fundamentals and could stall or possibly reverse.

A $32 million U.S. Department of Housing and Urban Development grant will be invested in affordable housing for more than 1,300 extremely low-income persons and families living with HIV/AIDS.

Redwood Trust Wednesday filed a registration statement with the Securities and Exchange Commission for its eighth jumbo mortgage securitization of the year.

California's Department of Insurance recently served a cease-and-desist order on a company that it alleged was engaged in the business of title insurance without a license.

The original poster comments that rates have risen 62.5 basis points in 30 days.

At least one insider finds the anticipated extension of the Home Affordable Refinance Program “may not be as bad” as expected for the residential mortgage market.

There are now less than $70 billion of commercial mortgage-backed securities loans in special servicing, the lowest number since 2009 and less than 10% of the entire CMBS universe, Fitch Ratings said.

Since Wells Fargo Home Mortgage introduced the Home Rebate CardSM program in 2007 homeowners have used their rewards to automatically pay down $50 million in mortgage principal balances.

The proceeds from Inland Real Estate Corp.’s public offering of 9 million shares of common stock will be used to pay down the draw on a line of credit tapped to fund the buyout of its partner in the IN Retail Fund LLC joint venture.

The National Association of Realtors leading indicator of future home sales edged up 0.3% in April after rising 1.5% in March.

Nationstar Mortgage and Nationstar Capital Corp. reported they intend to sell an aggregate principal amount of 6.5% in unsecured senior notes due 2022.

Allstate, the largest publicly traded U.S. home and auto insurer, sued Citigroup in State Supreme Court in Manhattan in 2011, along with banks including Deutsche Bank AG, Bank of America Corp. and Morgan Stanley.

William Pulte says the only way to truly save Detroit and get the housing market functioning properly again is to destroy large swaths of the city as quickly as possible.

Mortgage industry executives may be forgiven for thinking that housing bonds are starting to look like pass-through mortgage-backed securities. They are.

Fixed mortgage rate averages in Freddie Mac’s weekly survey have been rising, but they were below year ago rates until now.

The Consumer Finance Protection Bureau will allow small banks and credit unions to make balloon mortgages over the next two years even if they are not located in rural and underserved areas.

National Center for Policy Analysis senior fellow Pamela Villarreal, who authored the study, calls reverse mortgages complicated and expensive.

Retail originators and mortgage brokers won’t have to count the compensation they pay their loan officers towards the 3% points and fee cap, according to the Consumer Financial Protection Bureau.

Fears resurface that the Federal Reserve will end the stimulus program sooner rather than later.

We're hearing some people will tell you that there is plenty to fear in the modern mortgage lending business.