Originations

Carrington Mortgage Services added Jeff Gillis as senior vice president of operations and promoted Mariano Demarin to national sales director for its retail lending division.

National housing affordability remained near historic highs through the first quarter.

The House Financial Services Committee will roll out a bill to scale back the Federal Housing Administration single-family program in the “next month or so.”

360 Mortgage Group is expanding its wholesale operations in the Midwest with the hiring of Jeff Slain as manager for its central region.

U.S. households reduced debt during the first quarter by 1% to the lowest level since 2006.

Tree.com narrowed its net loss from continuing operations to approximately $273,000 when compared with the $3.3 million loss in 1Q12.

FirstREX plans to separately fund through an equity investment up to half of the borrower’s downpayment required on a HomeStreet Bank single-family purchase loan.

Mortgage fraud is a problem that servicers and lenders have dealt with for a long time and it does not seem to be going away anytime soon

One economist sees signs that mortgage credit conditions are beginning to loosen.

Effective immediately, Freddie Mac servicers can offer delinquent borrowers a streamlined loan modification that can provide payment relief more quickly and with less paperwork than a standard modification.

Fitch has released a presale report on GS Securities Trust 2013-GCJ12, a commercial mortgage-backed securities deal secured by interests in a loan pool almost $1.2 billion in size.

Only four of the members of the Mortgage Industry Equity Composite closed with gains over their Friday stock price.

WCS Lending, Boca Raton, Fla., has revamped its wholesale lending channel, moving the majority of the staff to new offices in Concord, Calif., with updated policies, procedures and products in place.

Oscar Torres pleaded guilty to participating in two separate mortgage fraud conspiracies that involved bank losses of over $20 million.

In issuing the qualified mortgage rule, the Consumer Financial Protection Bureau wanted to insure the new regulations would not disrupt the mortgage market.

Reflecting on the industry forecast offered by Mortgage Bankers Association economists Jay Brinkmann and Michael Fratantoni, three different images are coming to mind.

Caliber Funding is in the process of merging with mortgage servicer Vericrest Financial.

Attorney Herman Thordsen, whose Mortgage e-Alerts appear on OriginationNews.com, has some advice for originators in a post he made on the Grapevine.

Redwood’s seventh 2013 Sequoia jumbo residential mortgage-backed securities transaction is in the pipeline.

New findings reveal a large number of Americans still know little about credit scores.