Originations

A New York loan broker was indicted for conspiring to defraud 350 financially capable customers of $1.2 million.

The Federal Housing Finance Agency’s latest plan for a single mortgage-backed securities platform will not have any short- or medium-term effects on government-sponsored enterprise securities.

These laws will force our industry to get a backbone and ask the tough questions, and not assume our kids can do no wrong.

Mark Cohen, with volume of $503 million has moved into the top spot with just days left to report production volume.

RonnieMTG25 commented on the Mortgage Grapevine that he read an email where the average age of a New Jersey loan officer is in the mid-50s.

HSBC Holdings agreed to sell a portfolio of U.S. consumer loans for $3.2 billion in cash as it scales back its operations in the country.

Robert Meachum, a 20-year mortgage industry veteran, is joining Stonegate Mortgage Corp. as executive vice president of servicing.

Wells Fargo has a $1.9 trillion residential mortgage servicing rights portfolio.

The chief executive of U.S. Bancorp told attendees at an investor conference in Boston on Tuesday not to expect anything but organic growth from the company over the next decade.

A residential mortgage law firm and title insurance provider have decided to join forces in order to help lenders and servicers respond to the demand of REO properties flowing into the market.

Kroll Bond Rating Agency has assigned preliminary ratings to MSC 2013-ALTM, a $160 million large loan commercial mortgage-backed securities deal.

DebtX has been selected to sell a $2.9 billion portfolio of nonperforming residential loans for the Department of Housing and Urban Development.

The CoreLogic house price index, which includes distressed sales, rose 0.7% in January after rising 0.4% in December.

Mortgage software manufacturer MortgageFlex has formed a partnership with Global DMS, a provider of valuation software.

Last year Union First completed two separate share repurchases, retiring 970,000 shares, or about 3.5% of the total outstanding.

New Penn Financial has lowered pricing and expanded guidelines on a jumbo portfolio product offered through both third-party and direct-loan channels.

Early reviews of newly purchased loans show that underwriting deficiencies are on the decline.

Quality Mortgage Services has launched an offshore subsidiary that specializes in knowledge and business processes outsourcing for lenders and servicers.

A Grapevine contributor asks what the best jumbo prices near par are for 15- and 30-year loans.

Fiserv Case-Shiller projects that by the end of 2013 home prices will be rising in nearly every metro area in the U.S.