Originations

With the Consumer Financial Protection Bureau's QM regulation implementation date looming large, credit unions are gearing up to make sure all of their related software and operating systems ducks are in a row.

A long-awaited final rule for the Public Housing Capital Fund Program, effective Nov. 25, implements significant changes to the old rule, according to insiders.

Home value data reported by Pro Teck Valuation Services confirm that state regulation will continue to negatively affect property values and the housing recovery.

The company’s stock is up 10% over what the initial public offering was priced at.

Job gains during the refinancing boom have evaporated.

The battle over how to craft affordable housing requirements as part of mortgage finance reform took center stage on Thursday as witnesses at a Senate Banking Committee hearing sparred over the issue, including whether dedicated funds should be subject to Congressional appropriations.

The lender paid a $7.5 million fine in July for violating the do not call list regulations and that might have had more to do with its shutdown.

Emphasis on refinancing has left the purchase market in the dust.

The industry is still working through the mortgage loan delinquency and foreclosure problems of the past, especially in states where foreclosures are processed in a court of law, insiders say.

Both companies report compressed gain-on-sale margins.

Investors are demanding more yield and lower prices to compensate for additional duration risk, and Redwood believes its latest deal can deliver what buyers need.

The company set aside $174 million to cover potential losses associated with repurchases.

The seller is looking to concentrate on the consumer direct and correspondent lending channels.

The Transforming Valuations Award recognizes a technology advancement in the appraisal, broker price opinion or automated valuation sectors. Learn about this year's finalists and see who won the 2013 MT Award.

Rates have reversed a downward trend that occurred after the Federal Reserve indicated it will keep easing. If this trend continues, refinancings are likely to decline again.

Bill de Blasio’s record suggests he is one of the strongest affordable housing advocates in New York City’s recent history.

Those loan officers who lack integrity will not be successful.

Originators can't divide annual income by 12 to see if the borrower qualifies for a loan.

Fortress Investment Group is the partner in the joint venture.

The company is putting mortgages in the “rearview mirror,” according to its top executive.