Originations

The standard’s greatest risk is its ambiguity. HUD declined to provide any sense of meaningful examples as to what amounts to a disparate impact.

The gap between the listing price for a property and the actual closing price continues to narrow in the U.S.

Banks will unload big volumes of distressed loans this year, the head of PennyMac predicts.

The Bay Area housing market had the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price.

Gleacher & Co. has found a buyer for the ClearPoint wholesale mortgage production business it put on the block last November. The unit is being acquired by Homeward Residential Inc., a subsidiary of Ocwen Financial Corp. Terms of the deal were not disclosed.

U.S. consumers and advocates generally grew fonder of fixed-rate mortgages while criticizing securitization in the wake of the downturn.

Tight inventories and winter weather are taking the steam out of home sales.

Investors sold off their holdings of Ellie Mae in anticipation of the company’s fourth-quarter results.

More laws, more regulations, more rules, more confusion for mortgage originators.

Armour Residential REIT Inc. priced a public offering of 65 million shares of common stock.

Did the American Land Title Association shoot itself in the foot with its best practices statement?

Bank of America Merrill Lynch invested more than $2.6 billion in community development in 2012, generating nearly 11,000 affordable housing units.

FICO has launched an analytic solution that combats first-party and third-party application fraud which reportedly costs credit grantors in the U.S. more than $6.7 billion a year.

Flagstar Bancorp is selling its DocVelocity imaging business to Capsilon.

The Federal Housing Administration has not met its statutorily mandated 2% capital requirement since 2009, according to the General Accountability Office.

As paychecks for consultants hired to review faulty foreclosures threatened to exceed compensation to the homeowners harmed by the flaws, the Comptroller of the Currency says he decided to end the reviews.

Stewart Information Services Corp., Houston, reported net earnings of almost $60 million for the fourth quarter and $109 million for the full year of 2012.

The average rate for a 30-year fixed-rate mortgage stayed at 3.53% for the third consecutive week.

How we define good service is different for each of us.

With the California Homeowner Bill of Rights taking effect at the beginning of 2013, it didn’t take long to see the legislation’s impact on the default foreclosure process.