Originations

Stanford Kurland will step down from his role as CEO of PennyMac Financial Services and its affiliate PennyMac Mortgage Investment Trust and assume the role of executive chairman of both as part of a broader executive reorganization.

One step the government can take to strengthening housing is to create a unified office dedicated to housing finance and policy, streamlining and making more efficient existing agencies and programs.

Of the five banks that failed their living will tests earlier this year and were forced to resubmit plans, only Wells Fargo failed again, resulting in immediate regulatory action that will restrict its growth, including its ability to expand internationally and buy nonbank subsidiaries.

Millennials are the most optimistic about the state of the U.S. real estate market, while most American express favorable opinions about housing, according to Berkshire Hathaway HomeServices.

The Federal Housing Finance Agency finalized a rule Tuesday that will create a "duty to serve" for Fannie Mae and Freddie Mac to help low- and moderate- income consumers, including encouraging a secondary market for manufactured housing loans.

Mortgage applications for new home purchases rose 12% year over year in November, according to the Mortgage Bankers Association.

SoFi Lending Corp.'s securitization of its student loan refis for high net worth individuals is now a model for its recent expansion into super prime jumbo mortgages.

Many consumers without traditional credit scores have nearly identical risk profiles to those who can be assessed the conventional way, representing an untapped market, according to a report by VantageScore.

Rising mortgage interest rates affect the volume of refinance and purchase originations, but don't necessarily spell bad news for home prices, explains Fannie Mae Chief Economist Doug Duncan.

Fairway Independent Mortgage Corp. is rolling out a new mobile application that allows consumers to apply for a loan, scan documents and get updates on their loan status through real-time push notifications.

Canadian household confidence rose, boosted by improving sentiment about the national housing market, weekly telephone polling shows.

A group of traders in JPMorgan's investment bank has expanded from selling commercial mortgage-backed securities to underwriting loans that are unsuitable for bonds, such as those for big construction projects.

A former Cantor Fitzgerald & Co. trader was charged with defrauding customers by lying about prices of mortgage-backed securities, becoming the latest target of a U.S. crackdown on deceptive practices in the bond market.

Manufactured housing advocates are "guardedly optimistic" that the Federal Housing Finance Agency will soon issue a long-awaited final rule that they hope will expand the secondary market for mobile homes.

Ally Financial is now making home loans.

One of latest proposals for reviving the private-label residential mortgage market involves improving communications between issuers and investors.

Data aggregation and analytics platform provider Envestnet-Yodlee has created a new automated mortgage asset verification product.

The Mortgage Industry Standards Maintenance Organization is proposing a standard for the maintenance and sharing of commercial and multifamily real estate rent-roll information.

From the rising influence of millennials to shifting trends in home prices and housing inventory, here's a look at the top housing market trends for 2017.

Moves by lenders to adapt their processes with the TILA-RESPA integrated disclosure rule in mind appear to have staunched the increase in loan application defects, according to ACES Risk Management.