Originations

New loan officer compensation proposals, rather than banning upfront points and lender fees, require offering an alternative loan that has neither.

The Consumer Financial Protection Bureau wants to create a “level playing field” when it comes to the screening and training of bank and nonbank mortgage loan officers.

Problems with the newly installed System for Award Management forced the General Services Administration to allow FHA lenders to use an old system to check the federal government’s “Excluded Parties List.”

Bank of America will give up to 1,000 properties to nonprofits and local government programs to house injured military veterans and first responders.

Not since July 2007, before the subprime mortgage market collapsed and credit markets froze, have investors accepted relative yields as low as they are now for debt of the nation’s biggest homebuilders.

Mortgage brokers were relieved when they finally saw the Consumer Financial Protection Bureau's new loan officer compensation rule gave them some leeway.

June set a record for HARP 2.0 volume at 126,000 loans, including 53,750 mortgages with loan-to-value ratios over 125%.

Gragg Advertising is working on a marketing campaign for the Home Equity Conversion Mortgage.

A better method of moving electronic files is available, even as the industry waits on 4506-T electronic authorizations.

Shorter attention spans might be the upshot of the growth in social media usage and you must adjust your sales skills accordingly.

Sales staff management is not rocket science.

Buyers of non-owner occupied properties need financing too.

Mortgage originators can learn from what the owner of this small town drug store did.

There are advantages to the buyer and seller making sure the mortgage contingency remains in the sales contract.

Analyze your mission, break it apart and identify necessary actions.

The Attorney Generals in Arizona and California are pursuing loan modification fraud cases.

Fidelity National Financial Inc., Jacksonville, Fla., this week priced a $400 million offering of 10-year notes that yield 5.564% in 2022.

CMG Mortgage, a national wholesale lender, said it is temporarily suspending production of HARP 2.0 loans through loan brokers because of problems associated with long turn times.

The average 30-year fixed-rate mortgage continued its slow increase during the week ending Aug. 23, rising four basis points to 3.66%.

Lately, we’re hearing way too many stories about mortgage firms turning away business and temporarily scaling back loan channels because they’re too swamped with applications.