Originations

The FHFA is squeezing banks to repay losses that taxpayers were forced to cover because financial institutions sold faulty mortgage bonds to Fannie Mae and Freddie Mac.

Call it the second wave of the mortgage-refinancing collapse. Prepayment penalty income is about to crash. Hard. Especially in New York.

The suit against Borders & Borders backs the author's opinion regarding these business arrangements.

NAMB asks HUD to remove broker compensation from 3% points and fees limit.

The origination technology provider is buying a customer-relationship management platform.

Chase is transferring three bank-owned properties a day to housing and community revitalization groups.

The month typically sees fewer loans originated as the home buying season ends.

The 92-year-old thrift is doubling down on home lending after its mortgage unit posted a net loss of $2.2 million in the third quarter.

Originators should outsource the verification of employment function.

The federal mortgage insurance fund benefits from slower prepayments and lower delinquency rates.

The Mortgage Bankers Association thinks mortgage volumes will drop by a third next year. Industry execs we asked agreed originations will fall. Just how much? No agreement there.

Consumers’ renewed interest in refinancing and a smaller rise in purchase requests give applications a boost.

Sixty-seven nonprofits will benefit from the megabank’s 2013 “Leading the Way Home” program designed to help accelerate recovery efforts in distressed areas.

Decreases in home financing delinquencies occurred for first mortgages, home equity installments and home equity revolving loans in September compared to a year ago, Equifax says.

Wil Armstrong applies lessons learned while working for Mother Teresa to being the chief executive of a mortgage technology firm.

Those home buyers turned down for a loan two years ago could be clients today.

Risk management and compliance has increased from safety and soundness reviews to encompass consumer protection and operational risks since the founding of the Consumer Financial Protection Bureau.

This mortgage-backed securities market has been slow to add issuers and grow, but the number of originators contributing loans to deals is nearing 100.

True to his efforts to bring the culprits to pay for perpetuated damages New York Attorney General Eric Schneiderman is awarding mortgage settlement money from the top banks to blighted communities.

Lester Soto admitted to carrying out two related mortgage fraud conspiracies that resulted in losses of more than $30 million.