Originations

Bound by law in two different ways: the expectation to comply with the new mortgage servicing rules and investor demands, mortgage servicers still are navigating through the regulatory changes.

A Las Vegas mortgage agent was sentenced to serve 15 months in prison for participating in a fraud scheme that generated more than $1.2 million in fraudulent mortgage loans.

A number of real estate investment trusts are taking a close look at "securitization 2.0."

Fannie Mae and Freddie Mac seller/servicers completed nearly 97,740 Home Affordable Refinance Program refinancings in February—about 250 more refis than the prior month.

In the modern world, paper documents are an obstacle between servicers and their own potential competitiveness.

Genworth U.S. Mortgage Insurance's CEO said private mortgage insurance is currently very competitive with the Federal Housing Administration.

The ability-to-repay standards and qualified mortgage definitions issued by the Consumer Financial Protection Bureau leaves the consumer with little or personal responsibility for their actions.

Demand for prime purchase mortgages picked up over the past three months and a few banks relaxed their credit standards.

House prices jumped 1.9% in March from the prior month, which sent the year-over-year increase in prices to their highest level in seven years.

Compliance is one of the big topics of discussion at this year’s Mortgage Bankers Association National Secondary Market Conference in New York.

Astoria Federal Savings in Lake Success, N.Y., has hired an HSBC executive to lead its retail division.

The piggyback mortgage, also known as the 80-10-10, has been cited by some as a contributing factor to the crisis.

All but one of the Mortgage Industry Equity Composite stocks closed higher on Monday.

While Fannie and Freddie's regulatory plan for a single securities platform is separate and distinct from the single security MBA president and CEO David Stevens has been pressing for since last year, the common platform could possibly accommodate it.

The economists at the Mortgage Bankers Association believe the Federal Reserve will not start selling off the mortgage-backed securities it purchased any time soon.

A recent sheriff sale in New Jersey indicates distressed property sale prices are the new residential property value metric in hard-hit areas with large inventories.

Bank of America has agreed to pay the bond insurer MBIA $1.6 billion to settle a five-year-old dispute over losses related to soured mortgage-backed securities

Big players remain largely absent from the re-emerging private-label residential mortgage-backed securities market.

The results of the Consumer Financial Protection Board’s rulemaking process add costs and time to the loan origination process.