Originations

Flagstar Bancorp reported that it earned $86 million in the second quarter compared with a loss of $74.9 million a year earlier.

LOS providers who offer, and lenders who select, an EDM product that’s crafted and maintained by a team of skilled craftsmen, not a “Jack of all trades” won’t be disappointed; even after the check is cashed.

PNC Financial Services said second-quarter profit declined 40% on costs tied to mortgage-putback demands.

Bank of America is growing its retail residential mortgage originations and hiring loan officers even as it continues to cut back debt and expenses in other areas.

Mortgage Technology will commend the lenders and servicers that use technology to improve processes, provide exceptional customer service and increase business with its annual list of the Top Tech-Savvy Lenders and Servicers. The deadline for all nominations is 6 p.m. EDT Thursday, August 16, 2012.

Total loan application volume increased 16.9% on a seasonally adjusted basis for the week ended July 13.

June statistics from the California Association of Realtors show home sales experienced solid gains annually and home prices reached their highest level since August 2010.

The problem with the jumbo MBS market is the sterling credit quality of current production and the staunch unwillingness of originators to sell mortgages into securitization trusts.

Fewer borrowers defaulted on their mortgage loans in June compared to the prior month.

The Census Bureau reported that single-family starts rose to a 539,000 seasonally adjusted annual rate in June, up from a 515,000 rate in May.

Drawing the line between regulatory failures and regulatory implementation failures is not an easy task.

Currently, borrowers in communities outside of metropolitan statistical areas with populations below 10,000 are eligible for RHS-guaranteed loans.

As commercial loans continue to default at a brisk pace, the controlling classes of certificate holders in CMBS are likely to change with increasing frequency.

Everything is great when you are getting a healthy paycheck, but life can become quite stressful if you don't plan for the day when loans will slow down.

The appraisal independence requirements within the Dodd-Frank Act go a long way to shedding more light onto an issue that needs to be solved, but it doesn’t go quite far enough.

M&T Bank Corp. said the 13% increase in the company's 2Q12 net income over 1Q12 reflects a 24% increase in mortgage banking during the time frame.

Stonegate Mortgage has named Paul Wyner senior vice president of third-party origination.

The average single-family new home price should improve by 4.25% and the median should rise by 4.5% in 2012.

Wells Fargo's mortgage servicing rights portfolio could have an impact on the bank's capital ratios under the Basel III requirements in the not-so-distant future when interest rates rise.

A Utah man pleaded guilty in federal court for his role in a multimillion-dollar mortgage fraud scheme that resulted in the illegal flipping of six properties and huge lender losses.