Originations

A subsidiary of Arch Capital Group has agreed to buy CMG Mortgage Insurance Co. from its joint venture owners PMI Mortgage Insurance Co. and CUNA Mutual.

Mortgage Guaranty Insurance Corp. saw its delinquent loan inventory decline by nearly 2,000 loans in January.

Mortgage Master has opened a new branch office in Chicago and made two new Midwest regional hires as part of its continuing expansion.

North Dakota lawmakers don't want the state's community banks left out in the cold when it comes to home lending.

Two Democratic senators have introduced a bill that would extend the Home Affordable Refinance Program through 2014.

Home price expectations for rental and ownership properties in Fannie Mae’s monthly national housing survey remained near their strongest-ever levels.

With volume more than triple normal levels, PennyMac ended the day 4.25% down from its Wednesday close, making it the worst performer among Mortgage Industry Equity Composite stocks.

Red Mortgage Capital originated a $19.5 million refinance for the Oyster Bay Manor/Harbor House.

New American Mortgage LLC has changed its name to Movement Mortgage LLC.

Jason Madiedo will become the third mortgage banker ever to head up the National Association of Hispanic Real Estate Professionals.

A former Michigan Supreme Court Justice faces 30 years in a Federal prison.

A post on the Mortgage Grapevine asks if any loan officers have had problems with their prior employer.

As servicers better adapt to new federal regulation, the foreclosure versus mortgage loan workout momentum is finally changing, opening the way for the nonconforming market to return.

Mortgage servicers may not be in the habit of courting real estate brokers when working on a short sale, but it may be worth their time to do so.

Mortgage Technology is pleased to begin accepting nominations for the 2013 Top 50 Service Providers. The final deadline for nominations will be 6 p.m. EST Thursday, March 7, 2013.

Holliday Fenoglio Fowler has received a National Seniors Housing Designation from Freddie Mac.

We're hearing that many in the industry think getting a purchase deal is the Holy Grail for sustainable business and the best way to generate consistent profits over time.

PSM Holdings has received gross proceeds of $5.7 million from two private placement transactions involving preferred equity.

CBRE HMF Inc. is the first lender in the nation to finance two projects through the new Department of Housing and Urban Development's Low Income Housing Tax Credit pilot program.

The average rate for a 30-year fixed-rate mortgage remained stable at 3.53% in Freddie Mac’s latest weekly survey as other rates fell.