Originations

GSE seller/services refinanced 1.1 million high LTV loans under the Home Affordable Refinance Program in 2012.

Rep. Keith Ellison said the savings from his proposal would fund the National Housing Trust Fund, Section 8 rental assistance and low-income housing tax credits.

Citigroup is among the Wall Street firms still dealing with the fallout from the financial crisis, when the bank almost collapsed amid losses tied to subprime mortgages and took a $45 billion bailout.

A jump in the mortgage industry employment rate is one of the signs indicating more recruiting will take place due to the recovery.

Morningstar released a presale report on another Goldman Sachs single-asset commercial mortgage-backed securities deal.

Single-family housing starts edged up by 0.5% in February and have been relatively flat since December.

During the fourth quarter of 2012, CoreLogic said approximately 200,000 homeowners returned to a state of positive equity.

Two Harbors Investment Corp. has priced a public offering of 50 million shares of its common stock at an offering price of $13.46 per share.

Christopher Hurn, CEO of SBA 504 lender Mercantile Capital, has written a book to give advice to business owners.

Eastern Union Funding is creating a credit quality division with the aim of enhancing its relationships with its funding sources and its borrowers.

All but four Mortgage Industry Equity Composite stocks were losers on Monday as the market reacted to uncertainty in Europe.

Kroll Bond Rating Agency has assigned preliminary investment grade ratings to another single-borrower commercial mortgage-backed securities transaction.

Hallmark Home Mortgage has formally launched USA Wholesale Lending.

A poster on the Mortgage Grapevine is asking for help from fellow community members.

In the eyes of the attorneys general from nine states principal writedowns on federally insured mortgage loans are the Achilles’ heel of the housing and overall economic recovery.

Housing forecasters remain optimistic that property values will continue to increase over the next several years and exceed pre-bubble rates by 2017.

Due to their access to capital, the big national builders are getting lots of orders and they are scooping up building lots.

A group of 42 independent appraisal companies have unified their operations under the name Valbridge Property Advisors.

Some mortgage market players look at the new rules coming out of Dodd-Frank as one huge pain in the neck.

Langley FCU has signed with Mortgage Cadence to implement the company’s Symphony platform to support the credit union’s rapidly expanding mortgage program.