Originations

But continued weakness among retailers could hurt stabilization down the road, the rating agency says.

The new tool enables loan originators to not only ensure the loans comply with CFPB requirements before the loan application enters the system, but also offers a detailed compliance worksheet for loan officers.

Nationstar, Ocwen, and Walters need to deploy excess cash flow and offset MSR runoff.

Price-to-rent ratios in San Francisco, for example, are up almost 25% since 2012 and near an all-time high. Also, national prices are 15% overvalued, “in real terms,” according to the company.

The deal worked out between the two officials will be used toward housing programs and helping anti-foreclosure programs.

Everyone engaged in generating revenue will benefit by making a complete process review.

Readers of this website have provided a wide range of feedback this week, ranging from thoughtful analysis to bon mots to arch corrections.

Even though the Dow gained 42 points on Friday, 12 of 17 Mortgage Industry Equity Composite stocks closed lower going into the three day weekend.

If wishes always come true, lots of mortgage lenders will be increasing their volumes of purchase mortgages this year. But Fed tapering and rising rates may spoil the party.

All six dealers included in the competitive auction process managed to win a portion, although the bulk was awarded to two shops, Barclays and Credit Suisse.

Columbia Business School Professor Christopher Mayer says he’s so convinced that reverse mortgages can be a cornerstone of responsible retirement planning that he’s gone into the business.

The third-biggest U.S. bank by assets is shuttering its default servicing operations in Hagerstown, Md., and Fort Mill, S.C.

Urban Institute researchers urge the agency to review its impact in 30 census tracks.

Builders broke ground on fewer homes in December, especially in the West.

This figure is down 26% from the previous year and represents the lowest annual total since 2007.

Centerline Capital Group named a new regional director for the Western region, who will primarily be responsible for originating Fannie Mae Small Loan transactions in California and Arizona.

The lender disguised kickbacks as lease payments to the referring bank.

Also some advice on complying with the ability-to-repay requirement.

SIFMA members are also concerned about risk retention and GSE reform, according to the group’s EVP.

The changes will aid Flagstar in aligning its infrastructure with the current business environment, specifically the status of the mortgage origination market.