Originations

Banks were initially slow to sell nonperforming loans in the wake of the downturn.

The new ability to electronically sign the Internal Revenue Service’s 4506-T form is expected to both improve quality control and efficiency by reducing rejection rates.

The Consumer Financial Protection Bureau’s new mortgage servicing rules were created to protect homeowners who are at risk of foreclosure, but one nonprofit fair housing organization thinks more could be done by the government agency.

The idea that downpayment assistance can be a financially sound endeavor apparently is not dead.

This month marks the largest and most significant milestone since the Consumer Financial Protection Bureau launched more than a year ago.

A pair of mortgage companies owned by affiliates of Lone Star Funds, originator Caliber Funding and servicer Vericrest Financial, have agreed to combine operations to create a full-service mortgage banker.

Wells Fargo is expanding its commercial real estate operations in the United Kingdom.

A post on the Mortgage Grapevine is seeking funding for construction in New Jersey.

Republic Bancorp said that in 19 months of operations, its warehouse lending business has lines of credit outstanding of $217 million from total credit commitments of $331 million.

Citigroup sold $600 million in nonperforming mortgages in the fourth quarter.

The average rate for a 30-year fixed-rate mortgage slid two basis points to 3.38% in Freddie Mac’s latest weekly survey.

Noninterest income in the fourth quarter at PNC Financial Services Group was impacted by the previously announced $254 million provision related to mortgage loan repurchase requests.

CoreLogic reports an additional 100,000 borrowers moved from negative to positive equity status during the third quarter of 2012.

Bank of America saw its profits fall in the fourth quarter after several mortgage-related problems were settled as a result of the financial crisis.

National Mortgage Insurance Corp. has cleared two of the biggest hurdles it faced before being able to start writing private mortgage insurance policies.

Household formation rates are breaking out of their nearly five-year slump and are expected to increase by 1.2 million new household formations in the upcoming year.

Single-family housing starts jumped 8% in December after a 3.2% decline in November as construction activity strengthened in the final month of the year.

Regulators in 24 states are making the licensing process easier for mortgage loan originators by agreeing to a uniform state test.

This is intended to be a way to crystalize your objectives into a simple mantra.

One Grapevine poster is asking how many suspicious activity reports have the other posters on the board filed.