Originations

Delinquencies on loans in commercial mortgage-backed securities rose by the smallest amount in 11 months in June but could accelerate again, according to a new report from Fitch.

SureDocs, a la mode's e-signature system, has applied its 3.5 millionth e-signature.

Origination vendor ProLender Solutions Inc. has released an FHA Connection interface.

Until now, there has been no price competition among title insurance providers in New York State. But EnTitle Insurance Co. has received approval from state regulators to reduce its rates by 10% below what the other underwriters charge.

Customer service is what differentiates the top sales people from the rest of the crowd. For Christopher Vincent Hussain, his dedication to customer service is shown in the name of his company, WeFit2U Inc.

The mortgage broker will survive the financial reform process, declared the incoming president of the National Association of Mortgage Brokers William Howe, and the trade group is taking steps to insure its own survival.

The former president and chief operating officer of Fidelity National Financial, Patrick Stone, has returned to an active role in the title insurance business and is looking to turn WFG National Title Insurance Co., Lake Oswego, Ore., into a national player.

PMI Mortgage Insurance Co., the nation's second largest MI in terms of policies-in-force, said it is expanding its sales staff nationwide, adding executives to four key regions in response to improving market conditions.

Wells Fargo & Co. originated $20.8 billion of FHA-backed mortgages in the first quarter, ranking first nationwide, according to new survey figures compiled by National Mortgage News.

The Florida Association of Mortgage Professionals has voted to "pursue re-affiliation" with the National Association of Mortgage Brokers.

More than three years after the mortgage crisis began, some lenders are still selling loans to Fannie Mae and Freddie Mac without properly verifying borrowers' ability to pay.

The guarantee fee that Fannie Mae and Freddie Mac charge to their seller/servicers fell to 22 basis points last year from 25 the year before, according to a new study conducted by the Federal Housing Finance Agency.

A New Jersey loan modification company and its owners have agreed to a judgment of $5,051,253 to settle civil charges they defrauded homeowners who sought help in avoiding mortgage foreclosure.

The Department of Housing and Urban Development is selling some seized homes in the Cleveland area for as little as $100.

Fannie Mae and Freddie Mac's common and preferred stock began trading on the over-the-counter market Thursday morning, as directed by their regulator.

Sun Bancorp Inc. of Vineland, N.J. said billionaire investor Wilbur Ross' private equity firm, Sun's founding Brown family and others will invest $100 million in equity in the bank, news that sent its stock soaring 37% on Thursday.

After months of raising standards for single-family lenders, the Federal Housing Administration tightened guidelines for multifamily mortgages for the first time in the 40 years it has insured such loans.

The delinquency rate of home equity lines of credit fell for the second consecutive quarter and missed payments on closed-end home equity loans fell in the first quarter for the first time in two years, according to an American Bankers Association survey.

The latest average weekly rate for a Freddie Mac 30-year fixed-rate mortgage beat the previous week's survey-record low by a hair, but the average 15-year FRM rate rose slightly.

Wells Fargo & Co. is pulling the plug on its consumer finance division, and will cease production of all nonprime mortgage loans funded through the unit.