Originations

Independent mortgage bankers’ net income declined 60 basis points between the second and third quarters, Richey May data show. Some penny pinching is in order.

While year-to-year volume is flat, thousands of mortgages have been made on Native homelands in recent years, compared to dozens twenty years ago.

Just a little something that loan officers can hand out to real estate agents during the holiday season.

Investors pay a premium for these Ginnie Mae securities, a Walter Investment Management executive says.

The percentage of U.S. commercial real estate loans that are 30 or more days late has dropped 268 basis points since reaching an all-time high of 10.3% in the summer of 2012.

The rapid increase in originations may be the problem. New-issue commercial mortgage-backed securities could total $87 billion in 2013, up 81% from 2012's $48 billion.

The purchases in the fifth transaction this year created out of prime-jumbo U.S. home loans represent a switch from REITs’ typical strategy of acquiring just the highest-yielding slices in such deals.

Former Washington Mutual chief Kerry Killinger and two other bank officials are talking with the Office of the Comptroller of the Currency, the last chapter in the government’s probe into the financial institution's collapse.

The federal agency has launched new programs to facilitate public-private financing that will help boost “green” multifamily building development.

Appreciation will slow going forward as seasonal factors come into play.

For the second time in 2013, Charles Head was convicted by a federal jury in the Eastern District of California for operating a major mortgage fraud scheme.

The product is available in 10 states on conforming, owner-occupied loans with a maximum $300,000 purchase price, a 5% downpayment and a minimum 750 Fair Isaac & Co. credit score.

The National Fair Housing Alliance has accused big banks of discriminating against minorities in the upkeep of foreclosed properties and is seeking millions in settlements—mostly for itself. Behind its demands are faulty data and grants overseen by a federal official with close ties to the group.

New policies spell out "business interactions" between mortgage insurers and servicers.

Since the fall of 2011, national property values are up 17%. But in November, quarterly growth was 1.8%, down from the previous quarter’s 3.3% uptick.

The pass-through deal consists of beneficial interests in a three-year loan, floating-rate loan that has two one-year extension options, according to Fitch. Five mall properties cross-collateralize the mortgage.

Borrowers whose homes were damaged by the November tornadoes are being offered mortgage relief options by the government-sponsored enterprise including forbearance for up to one year.

I talked with a loan officer who saw her glass as half-empty and asked Facebook, What do you do when you need more business? I received a ton of responses.

An outsourcing services provider is buying a capital markets consultancy for $75 million, and separately a mortgage company is outfitting its new servicing unit with lien-release technology.