Originations

New Jersey’s largest home-grown savings bank continued to shed loans and deposits in the fourth quarter as it continues to wait to be acquired by a commercial bank from upstate New York.

Two affordable-housing organizations — one based in Old Saybrook and the other in Old Lyme — have joined together in a move that representatives say could lead to new housing opportunities.

Mortgage interest rates rose by three basis points compared with the previous week, the first time there has been an increase since the last week of December, according to Freddie Mac.

Fannie Mae recently released its Collateral Underwriter automated risk assessment tool, which evaluates the risk associated with appraisals. It does not accept or reject appraisals, nor does it provide lenders with an estimate of a property's value.

Joining the hunt for higher-yielding niche loans, the asset management unit of NewOak Capital has quietly launched a private fund to acquire nonqualified residential mortgages.

If Zillow is allowed to acquire rival Trulia, the company says it will maintain both brands' websites.

Purchase loan volume increased in December, reversing a four-month decline, according to the mortgage data firm Ellie Mae.

The government has added further protections to reverse mortgage borrowers' spouses who are not named in the loan agreement, but placed conditions under which they are ineligible for older protections.

Aiming to address a nationwide shortage of affordable housing, FHA has launched a risk-sharing pilot program that it hopes will encourage community development lenders to finance the rehabilitation of smaller multifamily apartments.

Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.

Arch Capital Group is repurposing a subsidiary to insure mortgages that are headed for private securitizations. Insuring such loans separately from the unit that works with Fannie and Freddie lets Arch offer more favorable terms to lenders.

You can team up with another mortgage originator to make sure you act on your marketing plan.

Mortgage applications were down for the first time this year as both purchase and refinance activity decreased.

Sales of single-family homes in Connecticut rose 2.4% compared to the same period a year earlier.

In another sign of a slowdown in the housing recovery, home values ticked up by 1.5% in the New York metropolitan area, including North Jersey, in the 12 months ending in November.

Hudson City Bancorp in Paramus, N.J., reported lower quarterly profitsas its loan book keeps shrinking.

As the key spring homeselling season approaches, buyers are finding deals on new houses as builders focus on boosting revenue.

At a hearing Tuesday, GOP lawmakers hammered FHFA Director Mel Watt for four hours over his recent decisions to allow Fannie Mae and Freddie Mac to buy loans with lower downpayments and provide money to two affordable housing trust funds.

FHA warned about possible slow down during peak hours and so far processing is proceeding better than expected.

D.R. Horton, the nation's largest homebuilder, has found success in marketing new homes to the underserved niche of first-time buyers.