Originations

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

Regulators define a "high risk" mortgage as any first lien where the annual percentage rate exceeds the average prime offer rate by 1.5%.

RealtyTrac, a Web-based foreclosure database firm, appointed Jamie Moyle as chief executive officer.

National Mortgage Insurance Corp. is the second new mortgage insurance firm to emerge in the past three years, the other is Essent Guaranty, which has backing from Goldman Sachs.

Although many lenders find themselves swamped with new business, mortgage applications fell sequentially by 4.5% for the week ending Aug. 10.

The debate inside the Republican Party over the future of Fannie Mae and Freddie Mac has taken a right turn with Mitt Romney's selection of Rep. Paul Ryan as his running mate.

Mortgage Master one of the largest privately held nonbanks in the nation, estimates its originations will grow 27% this year to $7 billion.

Nationstar reported a $36 million quarterly profit on Tuesday, though its immense growth and operational developments greatly overshadowed the dollars and cents of its earnings.

Analysts are warning that, if implemented, the new mortgage servicing rules proposed by the Consumer Financial Protection Bureau could lead to further market consolidation.

Plan today to be successful 18 months from now.

The mortgage servicing market has been experiencing a continued consolidation trend in the recent past.

Amalgamated, a New York-based trade union owned bank, has giving up outsourcing loan originations and has brought the process in-house.

The Federal Housing Finance Agency reported that all Fannie Mae/Freddie Mac seller-servicers originated 243,000 Home Affordable Refinance Program loans in the second quarter, which represented 24% of total refinancing volume.

The surge in Mortgage Partnership Finance lending has increased the Topeka Federal Home Loan Bank's mortgage portfolio to $5.55 billion, up from $4.57 billion in the second quarter of 2011.

• CFPB Disclosure Redesign • Product and Investor Data • International Mortgage Tech • Universal Lending Systems

The Sarasota, Fla., office of Academy Mortgage recently hired away three loan officers from Prospect Mortgage, which is based in California.

Total Mortgage Services said it will “temporarily” moderate its wholesale lending channel after getting hit with a “significant increase” in business in the wake of other firms exiting the business.

Fewer large banks are willing to purchase their loans, so the mortgage banks are throwing themselves into the arms of Ginnie Mae.

Cole Taylor Mortgage executed on its diversification strategy in the second quarter by adding seven branches from another lender, plus by buying mortgage servicing rights.

Breakwater successfully negotiated with the lender to reduce the loan payoff and provided the loan guarantees necessary to secure new long-term financing at a 5% interest rate.