Originations

Regulators are focusing on what an executive with the Compliance Group termed “misleading and deceptive advertising,” but what that exactly means is left up to the interpretation of the enforcement agency.

Radian Guaranty Inc. did $37.1 billion in primary new mortgage insurance written in 2012.

Angelo Mozilo, the former head of Countrywide and one-time mortgage industry icon, has become a polarizing figure in wake of the firm’s collapse and its contribution to the financial crisis.

For smaller originator The Bank Mortgage Network, the struggle to stay legal and in business has led to a strategy that includes a nod to high-tech manufacturing.

There’s yet another industry acronym in the works. And this one may make you want to vomit.

Berkadia Commercial Mortgage acquired closely held Hendricks & Partners to expand in apartment sales and research.

Mounting signs of improvement in residential markets may bring more players back to the origination business.

National Mortgage Insurance Corp. has now been approved by New York State to do business.

Quicken Loans set an all-time company record by closing more than $70 billion of retail home loans last year.

Economic growth will slow to 1% in the current quarter from 3% in the fourth quarter of last year, but that will not stop the recovery in housing.

Even though the rates for the 30-year fixed-rate conforming mortgage rose to their highest level since November, application volume was up 11.7% for the week ended Jan. 4, according to the Mortgage Bankers Association.

Mortgage companies that own title companies are worried that the qualified mortgage rule the Consumer Financial Protection Bureau is slated to unveil Thursday will penalize the use of affiliated service providers.

Citibank Small Business has come out with 10 ideas that mortgage industry participants need to seriously consider in order to stay competitive.

Clifton Savings Bank has set aside a $10 million fund “for special low-interest” home equity loans to victims of Hurricane Sandy.

Carrington Mortgage Services wants to expand its presence on the East Coast and is opening a new loan underwriting center in Connecticut.

Solidifi’s U.S.-based operation is merging with Kirchmeyer & Associates to create an appraisal management company that will serve 50% of the top 50 lenders in the country.

A Mortgage Grapevine poster asks, “I am just curious to what brokers are closing loans with what lender and why?”

The latest jumbo mortgage-backed securitization by the only consistent issuer/aggregator in the space, Sequoia/Redwood, utilizes a two-pool structure.

Houlihan Lokey, an investment banking firm, has acquired Milestone Advisors, whose clientele includes mortgage bankers.

Fargo, N.D.-based Bell State Bank & Trust has agreed to acquire The Business Bank and its Prime Mortgage division, both based in Minneapolis.