Originations

The district attorneys in three California counties sued over the use of the Transaction Point system.

We're hearing the controversial idea that downpayment assistance can be a financially sound endeavor apparently is not dead.

Freddie Mac’s latest weekly survey finds the 30-year rate rising above 3.5% for the first time since Sept. 13, 2012.

The private mortgage insurers are accepting Loan Prospector or Desktop Underwriter approval for their own underwriting.

There are more than 1 million fewer consumers nationwide whose credit scores are considered subprime as of Sept. 30, 2012 from the same day one year prior.

The members of the Mortgage Insurance Cos. of America had their third best month of 2012 in terms of new insurance written during December.

We’ve heard many times that the true cause of the mortgage crisis was government meddling in the market to ensure lending to low-income and minority applicants who couldn’t pay it back.

Foreclosure activity increased last year in more than half of the nation’s metropolitan statistical areas with a population of at least 200,000.

At least 2% of 2012 loans would be considered non-QM loans under the final qualified mortgage rule that the Consumer Financial Protection Bureau issued on Jan. 10.

The House Financial Services Committee will hold two hearings on the financial condition of the Federal Housing Administration single-family program.

The HECM Saver will be the only fixed-rate reverse mortgage product available to seniors starting April 1, according to the Federal Housing Administration.

D.R. Horton plans to offer and sell two types of senior unsecured notes totaling in aggregate several hundred million dollars.

Arbor Commercial Mortgage has gotten the go-ahead to participate in the Department of Housing and Urban Development’s Low-Income Housing Tax Credit pilot program.

FloodInsights is now offering lenders and others a sinkhole search report for Florida properties.

As the mortgage market increases the use of upfront automated audits to comply with regulation, homeowners are being offered the opportunity to review whether lenders and servicers are up to the task.

Residential retail lender Mortgage Master continues to seek expansion possibilities in promising geographic markets.

BOK Financial once again generated higher quarterly earnings because of higher mortgage banking income.

A poster on the Mortgage Grapevine has a client whose credit score at the start of the process was 785.

We're hearing the unlikely duo of counseling and technology may be useful in reducing lender costs in the light of the qualified mortgage.

Freddie Mac made plans for its second multifamily securities offering for the year and released figures that show its overall multifamily volume set a record in 2012.