Originations

Do some managers in your workplace undermine others' inner work lives? One of my executive coaching clients, the managing partner of a Bay Area law firm and I were recently engaged in a conversation about assessing his firm's talent. We talked about how one of the manager's in the San Francisco location didn't feel that one of the employees had the capability of developing into a leadership role at the firm.

A small, privately-held mortgage banking company based in Wyoming has opened a new branch office, an indication that some home finance firms are thriving in the face of the housing recession.

Home sale numbers in Northern and Southern California are relatively stable but it does not appear they are positioned for any major gains, recent statistics from DataQuick suggest.

The serious delinquency rate on Federal Housing Administration loans has risen a full percentage point over four months to 9.3% in November.

Carrington Holding Co. is trying to raise $1 billion from investors to purchase foreclosed single-family properties that its mortgage services unit will manage and rent.

Massachusetts's home sales continued to show signs of a possible recovery with a 13% increase in November from the prior year.

Loan officers will have some unpleasant news for their customers in 2012: the cost to obtain a new government-backed mortgage will be rising.

The combined value of loans in CMBS pools hardly budged from October to November, according to data released last week from DebtX. Based on loans that the advisory firm prices, the figure at the end of November was 85.2%, from 85.3% on Oct. 31.

VantageScore Solutions has published a series of three educational white papers aimed at clarifying various questions consumers and market participants have about credit scores.

Average daily volume in the CMBS market in December is down versus November, according to data reported by the Financial Industry Regulatory Authority's Trade Reporting and Compliance Engine or TRACE.

With most of your loan production now in the books for 2011, you have a pretty good idea what you will earn this year. If your income exceeds $100,000, congratulations - you'll make more than 90% of all working Americans. If you take home over $200,000, you are in the top 5% of all wage earners nationwide.

Most thrift holding companies will get a two-year phase in period for following Federal Reserve Board reporting requirements while others will initially be exempted, the central bank said Friday.

The Chickasaw Nation of Oklahoma’s tribal mortgage program has passed $100 million in originations through more than 1,000 loans, a number unthinkable even a dozen years ago.

Ally Financial revealed during an earnings call last month that it was trimming its correspondent lending unit while laying off an untold number of workers to manage mortgage risk that has damaged its financials.

Happy holidays to everybody. In looking for some words of wisdom I could pass along to everyone about how to make their 2012 a success, I came across an article written by Canadian business consultant Andrew Miller.

House prices fell 1.2% in October after falling 0.7% in September according to new figures released by Standard & Poor's Tuesday morning.

Developers at six newly proposed condominium towers in the tri-county South Florida region have signed more than 500 pre-construction sales contracts and reservations, an indication that the market there has returned in a big way.

Nearly four out of every ten homes sold in 2011 have been purchased for cash on the barrelhead, according to a preliminary count by Housing Intelligence.

Post Properties Inc., an Atlanta-based real estate investment trust, has prepaid six multi-family mortgage loans held by Freddie Mac and will record a $7 million loss on the transaction.

It's time for eggnog and yearend lists—top news stories, newsmakers, stuff like that. But what about the great mortgage rumors that got away? Here lay five stories/rumors that went nowhere: