Originations

A recent Bank of America securitization that appears to be the first of its type raises the question of the value of investing in "scratch and dent" reverse mortgages, a specialized part of this government product-dominated market that a select investor base is said to have an appetite for.

The national mortgage loan 60-day delinquency rate decreased again in the second quarter of 2010 by 6.67%, suggesting that credit conditions in the housing sector are stabilizing, according to the latest quarterly analysis from TransUnion.

Rates once again proved federal officials' go-to choice for economic policy action last week but when it comes to sizing up potential economic recovery as part of mortgage investment strategies one might do better these days watching jobs over the traditional duo of rates and real estate markets.

PIMCO co-founder and co-CIO Bill Gross has called for merging all government mortgage programs into Ginnie Mae and providing a 100% guarantee on government loans.

Single-family housing starts fell 4.2% in July to a 14-month low, following a slight downward revision of June figures.

For one's marketing efforts to be successful, it is more than just gathering up names so that an e-mail list can be created. Contacts are good, but to be able to make your sale, you need to have a real follow-up program.

For those looking to help consumers increase their credit scores through correcting legitimate errors in their files, one needs to be careful not to use the word "improvement."

A small fraction of banks eased their credit standards on prime mortgages over the past three months, according to a July survey of senior loan officers by the Federal Reserve Board.

In a surprise move, the Federal Reserve Board has issued a final rule that imposes restrictions on loan officer and mortgage broker compensation that is very similar to compensation language in the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act.

The long-term rate-indicative 10-year Treasury yield Monday fell once again to another low for the year following the release of a weaker than expected reading on a homebuilders index.

Thanks to strong residential construction activity and improved home improvement spending, price increases among certain U.S. building materials companies may help strengthen this sector's recovery, according to Fitch Ratings in a new report.

There's more evidence that the paperless mortgage, an idea that has been heralded and debated for at least the last 15 years, has a ways to go yet before reaching a 50% market penetration.

Tustin, Calif.-based Veri-tax LLC, which provides tax verification and fraud management solutions, has been acquired by private investment firm Blue Horizon Capital for an undisclosed sum. The acquisition will provide additional capital and resources to support Veri-tax's growth initiatives.

By an almost five-to-one margin, mortgage brokers favor a direct line to whatever government-sponsored mortgage agency rises from the ashes of the mortgage meltdown.

Author says one needs a team working for the common good of all members.It has always been important to have a referral network in place in order to grow one's business, but in this day and age, it has become even more important, said an expert on the subject.

ORLANDO, FL—A new company that links small businesses to sources of capital is looking to expand its reach through a network of affiliates that includes mortgage, real estate and financial services professionals.

WASHINGTON—In the wake of President Obama signing the massive regulatory reform bill, the Federal Reserve Board at press time last month was in a tentative position regarding pending rules on loan broker compensation—and giving no hints about which way it will go.

Fannie Mae is assuring lenders they don't have to pull a new credit report before closing, but they do have a responsibility to ensure the borrower can repay the mortgage.

Credit Suisse expects mortgage repurchase demands to remain strong throughout the remainder of the year, but believes the worst of it might be over when 2010 ends.

We have all heard this statement: If I just knew then what I know now...blah, blah, blah.How about this updated version: Everything you know now that you wish you had known then you need to take action immediately to adjust that thing to the new and current level of knowledge. Now!