Originations

On Monday, National Mortgage News will publish a story in its paper edition (yes, paper) that says the Federal Housing Finance Agency is working on language that will make GSE loans bullet proof from buybacks if they’ve been current for 36 months.

Everyone needs to tell the truth about appraisal turn times in this period of increased application volume.

The Consumer Financial Protection Bureau Friday afternoon unveiled its latest proposal on loan officer compensation, providing more leeway for lenders to charge upfront points and points.

Treasury announced that it has amended the preferred stock purchase agreements that the federal government has used to prop up the two government-sponsored enterprises.

Sales in the top 50 master-planned communities accounted for roughly 5% of all new home sales last year.

The Treasury Department unveiled a bold new plan to speed up the dissolution of Fannie Mae and Freddie Mac, saying the two can no longer retain profits and must reduce their massive portfolio holdings at an annual rate of 15%.

Unlicensed origination activity by loan officers is occurring "at a surprising rate."

The Consumer Financial Protection Bureau’s highly anticipated proposed loan officer compensation rule is expected to be released Friday, but it won’t look anything like the agency’s original proposition.

Starting in September Bank of America has agreed to use the Web portal of Hope Now, in a move the alliance sees as “a game changer.”

The latest legal cases and regulatory actions from around the nation.

Federal officials unveiled new proposals that would toughen appraisal standards as they continue to mull broader steps to improve the mortgage process.

Shortly, the Federal Housing Finance Agency will come out with its parameters on what can – and can’t – trigger a buyback request from their wards, Fannie Mae and Freddie Mac.

Shortly, the Federal Housing Finance Agency will come out with its parameters on what can – and can’t – trigger a buyback request from their wards, Fannie Mae and Freddie Mac.

The average Freddie Mac rate for a 30-year mortgage climbed three basis points during the week ending Aug. 16 as the 10-year Treasury bond yield hit a high not seen since May.

Single-family housing starts fell 6.5% in July from the month prior while multifamily starts jumped nearly 10%.

Impac Mortgage Holdings originated $532 million of residential loans in the second quarter, a 135% gain from the same period a year ago as its business continued to grow at an impressive clip.

The president of the Mortgage Bankers Association is worried that new regulations and ongoing enforcement efforts are restricting access to affordable conventional credit for minorities.

To be successful in mortgage sales, you need to take care of your personal physical and mental health.

Among the issues to be considered in creating the right match between lender and provider is culture, capability and flexibility

Stabilizing fundamentals and favorable performance so far this year has reduced Fitch’s concerns over potential losses for life company mortgage investments.