Originations

Gleacher & Co. said it is closing its MBS and rates, and credit product businesses effective immediately.

Applications for conventional purchase mortgages reached their highest point since October 2009.

According to the Lender Processing Services Mortgage Monitor report, approximately 500,000 loans cured in February alone.

Fannie Mae and Freddie Mac seller/servicers completed nearly 97,600 Home Affordable Refinancing Program refinancings in January, up 28% from the prior month.

Nine of the 17 Mortgage Industry Equity Composite Stocks Ended Tuesday's trading lower.

Ron Johnson's failure at J.C. Penney does have a lesson for mortgage marketers.

Starwood Property Trust Inc. has priced a 26.5 million share offering of its common stock for gross proceeds of $732.5 million.

Phillips Edison-ARC Shopping Center REIT has acquired a portfolio of two retail real estate assets in Florida.

Hudson Realty Capital has funded a $16 million first-mortgage loan for a newly constructed, vacant multifamily property in Brooklyn.

Detroit has been on the decline for decades thanks to plummeting property values, lost jobs and crime.

It's a common refrain: credit unions need to build relationships with Realtors to improve their purchase mortgage business.

Value Services LLC changed its name to reflect its renewed focus on residential and commercial property appraisal services.

A marketing company is looking for someone it could send hard-money loan leads to after its relationship with another party ended.

The return to a purchase market will not be easy for many lenders.

The first challenge brought with new the Home Ownership and Equity Protection Act is that we are potentially stuck with a broker comp double-count rule.

New York Gov. Andrew Cuomo is claiming current policies of Fannie Mae and Freddie Mac could leave borrowers who were affected by Hurricane Sandy with being forced to make an immediate balloon mortgage payment.

Sierra Pacific Mortgage is expanding its retail branch network and added 13 new branch offices in the first quarter.

Fiserv has integrated its Common Origination Platform and LoanServ systems to provide real-time, full-circle loan boarding processes for mortgage, home equity lines of credit and installment loans.

The leader of a 15-year foreclosure rescue scam that fraudulently postponed foreclosure sales for more than 800 distressed homeowners pleaded guilty to aggravated identity theft and bankruptcy fraud.

Radian Guaranty’s inventory of delinquent loans declined by 4,600 during March, but the total includes updated information for its February activity.