Originations

Industry groups are backing a newly introduced bill that clarifies the 3% cap on points and fees in the qualified mortgage rule.

Loans refinanced under the Home Affordable Refinance Program declined in December to 41.1%.

The uncertainty impacting the mortgage banking industry for the past few years is starting to clear as the housing market is healthier and much of the rulemaking around Dodd-Frank is now out.

Mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans.

During his presentation at the Regional Conference of Mortgage Bankers Associations in Atlantic City, he discussed what might be an opportunity for originators to share with their customers.

Despite a modest increase in foreclosure filings on a monthly basis as of February, one housing industry analyst sees relief for the national foreclosure crisis through the end of this year and into 2014.

Chairman and CEO Doug Lebda said the mortgage business performed particularly well in the fourth quarter.

That giant sucking sound you hear may be the sound of mortgage loan officers from the large national commercial banks moving to small and midsize regional players.

Mortgage Bankers Association CEO David Stevens warned lenders that they need to prepare for the high amount of refinance activity coming to an end soon.

We're hearing it helps to know your customers.

A poster to the Mortgage Grapevine is looking for a new home for a loan that has received an approved from Freddie Mac’s Loan Prospector.

LoanSafeMods.com is offering a new tool designed to facilitate decision making for borrowers looking at foreclosure alternative options.

Originations of FHA single-family loans totaled $23.6 billion in January, compared to $20 billion in the prior month.

Republic Mortgage Home Loans has developed a mobile app exclusively for its borrowers.

As the housing crisis winds down a shortage of mortgage banking executive talent that had been building up for a decade is reaching its peak.

GSE seller/servicers completed nearly 1.1 million Home Affordable Refinance Program refinancings in 2012, compared to 438,200 in the year prior.

Ed Gerding, senior fraud and risk strategist at CoreLogic, said short sale fraud is popular today due to the unprecedented levels of shadow inventory, high volume of overall distressed real estate inventory and relatively low property values.

Bank of America cut about 5% of staff in its appraisal unit last month as the firm rid itself of delinquent mortgages.

When does a warehouse loan become a loan, and who owns it?

Home loan applications tracked by the Mortgage Bankers Association’s latest weekly Market Composite Index dropped by 4.7% on a seasonally adjusted basis.