Originations

We're seeing a rise in the willingness of lenders to make home mortgages to business owners who cannot always verify income.

The Federal Housing Administration notes that purchase money loans represented 62% of all government insured forward mortgages originated in fiscal year 2012.

Talk of the 'Qualified Mortgage' rule coming out before Thanksgiving may be premature.

Habitat for Humanity and the Citi Foundation have created a toolkit to provide technical training and tools to encourage microfinance institutions around the world to include or enhance housing microfinance products in their portfolios.

More than a third of all potential borrowers would be willing to pay a higher rate if the mortgage came with superior service, according to a new survey.

Home loans lifted HomeStreet Bank (HMST) in Seattle in the third quarter. Earnings rose 40%, to $21.3 million, from a year earlier, the $2.5 billion-asset company said Monday.

The Department of Justice suit against Bank of America shows that beyond enforcement through regulators, lawsuits are increasingly focusing on the systems lenders use.

How not to ask for customer feedback.

Social media expert says there is a trust hierarchy of marketing.

The hurricane will slow secondary market access as lenders wrap up their last mortgage deals of the month.

CoreLogic estimates that nearly 284,000 Mid-Atlantic homes valued at roughly $87 billion are at risk of property damage from Hurricane Sandy based on its projected path.

The Consumer Financial Protection Bureau is slated to issue final rules in January that define a qualified mortgage, establish new standards for servicers, and merge the RESPA and TILA disclosures.

Hurricane Sandy, which is bearing down on the Mid-Atlantic all the way up to New England, is expected to delay thousands of mortgage closings on Monday and Tuesday at the very least, according to industry officials.

More depositories -- especially community banks -- are opting to sell their 10- and 15-year mortgages rather than keeping them in portfolio.

In fiscal year 2012 mortgage bankers funded $119 billion of VA-backed loans, up from $75 billion in FY 2011.

Regulatory guidance that requires banks to write down the value of mortgages to collateral value in cases where the borrower has been through bankruptcy was a factor in the TCF's earnings.

It appears that Bank of America is cranking up the MSR selling machine. Big time.

Tight might be the most overused word in today’s mortgage business. Originators, already facing restrictive underwriting criteria, are reportedly facing even more restrictive guidelines in anticipation of new regulatory definitions.

The fourth step in the MDMP decisioning model.

Even though it still has some regulatory hurdles to clear, interest in jumbo lending has bumped up a notch.