Originations

A plan to reduce federal budget deficits and scale back the mortgage interest deduction garnered the support of 11 of 18 members on the President's National Commission on Fiscal Responsibility and Reform.

The quality of residential loans funded this year is slipping compared to 2009, according to a new report from Quality Mortgage Services LLC, a third party vendor that works on compliance and other issues.

Are you out of time? Out of energy? Have you said lately, "I’m just not going to respond to that e-mail or phone call. Don’t they know how busy I am?" Yet, the time you are spending on your business is not exactly yielding the results that you really desire, need and/or want?

Federal regulators issued guidelines late this week clarifying accepted procedures for real estate appraisals and evaluations.

The Consumer Financial Protection Bureau needs to establish "clear goals that make sense to the American people," according to Elizabeth Warren who has been charged by President Obama to set up the new agency.

Mortgage companies added 1,100 full-time employees to their payrolls in October as more residential brokers returned to the field.

The yield on the benchmark 10-year Treasury broke above 3% briefly Thursday morning, a bad sign for mortgage rates, but there could be a glimmer of hope anyway: a pending home sales index created by the National Association of Realtors experienced an unexpected jump in October.

Commercial real estate loan prices resumed their upward movement of the past few months, rising from 80.5% at the end of September to 80.9% one month later, according to DebtX of Boston.

In a sign that the banking business is bouncing off the bottom of the economic trough, the Federal Deposit Insurance Corp. is ready to start insuring new charters.

Reverse Mortgage Solutions this week launched a consumer, self-service website for borrowers to manage reverse mortgage accounts serviced by the Houston-based company.

If the result of the most recent J.D. Power loan originator satisfaction survey is any indication, the future of the mortgage industry involves keeping in touch with your borrower, but that connection could be done through technology and not the human touch.

Pentagon Federal Credit Union has rolled out a type of product that was popular during the housing boom, but out of favor the past few years: a hybrid adjustable-rate mortgage.

So you want to remember your favorite real estate agent over the holidays, right? (Okay, maybe you don’t—so don’t read this!) You’ll get lost in the “crowd” by giving a gift during Thanksgiving, Christmas, Hanukkah, Kwanza, etc.

The 30-day plus delinquency rate on MBS backed by multifamily mortgages spiked by just over 100 basis points in November, reaching a new high of 15.8%, according to new figures compiled by Trepp LLC.

The stabilization of home prices during the summer is beginning to crumble, according to the Federal Reserve Board's November survey of economic conditions released Wednesday afternoon.

A public-private partnership between the Federal Deposit Insurance Corp. and a group of real estate investors and asset managers has taken ownership of an REO condo development in Hawaii.

While commercial MBS loan performance appears to be stabilizing, delinquency rates are continuing to climb, hitting a survey-record high in the third quarter, according to new figures compiled by the Mortgage Bankers Association.

HeartLand Financial USA Inc., Dubuque, Iowa, has hired a former Bear Stearns Residential Mortgage executive and his team from a failed Arizona thrift to lead what it hopes will be a growing mortgage operation.

With the shift in the secondary market for reverse mortgages from Fannie Mae over to Ginnie Mae, issuers themselves now bear the responsibility and risks associated with managing the real estate owned process, a sea change for some of them.In addition, home prices are falling and continue to fall, which makes handling these special real estate-owned assets particularly challenging, according to Darren White, vice president for default/foreclosure/REO/claims at Reverse Mortgage Solutions Inc. in Spring, Texas.

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