Originations

After commercial mortgage-backed security delinquencies declined for 15 straight months, this streak came to an end in July.

This is true whether you are looking to run a half-marathon or become a top originator.

The Chicago Federal Home Loan Bank has received regulatory OK to start pilots for its jumbo and government loan conduits.

In about six years, by 2020, one out of three adult Americans will be a Millennial. By 2025, they will make up about 75% of the workforce.

A temporary waiver allowing victims of Hurricane Sandy to finance foundation repairs and elevate their homes with 203(k) mortgages should be made permanent to help lessen the burden of flood insurance requirements, say real estate and flood hazard groups.

Mortgage applications to purchase new homes increased 2% in July than the month before, according to Mortgage Bankers Association data.

Already beset by stagnant wages, growing student debt and competition from investors who are snapping up listings, those looking to purchase moderately priced houses must also provide more cash up front.

Wells Fargo's mortgage business, the largest in the U.S., is looking to halt a revenue slump by sweetening the payoff for employees amid a shift to new home purchases.

Freedom Mortgage in Mount Laurel, N.J., has agreed to pay $104,000 to settle claims that it discriminated against loan applicants with disabilities.

Several institutions said their underwriters already exclude paid and unpaid medical debt from their calculation, raising questions about what kind of impact the new model will have on lenders.

The ratings agency plans to assess deals based on representations and warranties as well as an analysis of an independent third-party review of data quality and an originator assessment.

Privlo, a nonconforming residential mortgage lender in Los Angeles, has raised $350 million in debt and $3.8 million in equity to help the company's overall growth.

Stewart Lender Services in Houston has completed the acquisition of DataQuick Lending Solutions, which adds valuations to Stewart's mortgage service offering.

Though there is still a year for mortgage lenders to get in compliance with the Consumer Financial Protection Bureau's document changes, the perils of missing that deadline are considerable.

New Penn Financial a national nonbank lender in Plymouth Meeting, Pa., has introduced a loan product for buyers who do not comply with the qualified mortgage criteria that took effect in January.

Mortgage application volume was lower than the week before as both refinance and purchase activity declined.

Amerisave Mortgage Corp. and its owner have been ordered to pay more than $20 million for allegedly overcharging borrowers and trapping them in higher interest rates than those advertised.

Oak Mortgage Group in Austin has opened a builder relations division in Texas.

The Federal Housing Finance Agency provided its first specifics Tuesday on how it intends to create a single security for mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.

Even though refinance loans account for the majority of mortgage applications, the refi boom has long been over, and depressed origination volume will keep it that way for some time.