Mortgages

Late last week Credit Suisse came to market with a $330 million jumbo deal, which contains a wrinkle on representation and warranty clauses.

A Florida judge has rejected one of CitiMortgage’s motions to dismiss legal complaints by a borrower related to force-placed insurance coverage.

Mortgage fraud is still existent during the “quiet period” between when an original credit file is pulled and the closing of a loan.

More jumbo MBS deals may be on the way.

Kevin Coop has joined ServiceLink as executive vice president of enterprise strategy.

US Residential Asset Fund has been implemented to focus on purchasing distressed properties for the single-family rental market.

Originations volume for the third quarter came to $486 billion, a hot quarter indeed.

If residential lenders didn’t have enough to worry about they now have the “fiscal cliff” and the mortgage interest deduction to lose sleep over.

Fannie Mae reported forward commitments—a barometer of future activity—of $96.7 billion, the highest reading in over three years.

The biggest gainer among the top five was Quicken, a privately held nonbank controlled by businessman Dan Gilbert.

Prospect Mortgage has been hiring some heavy hitters of late, causing tongues to wag.

Any attempt to rush or push clients into signing adds duress to your closing techniques.

The residential finance industry is facing implementation of a whole new regulatory regime.

Pentagon Federal Credit Union said its PenFed Realty unit has agreed to acquire Prudential Dinning-Beard Realtors.

The REO market has seen its share of scams throughout the recent years, including a current one affecting renters looking for a great deal on the internet.

Umpqua Bank added a homebuilder finance group to its commercial real estate lending division.

In the months ahead the future of the mortgage industry will be decided by federal agencies under the purview of President Obama.

Lots of financial institutions use social media as a marketing and customer service tool, but few have figured out how to actually make money from it.

A handful of bulk residential servicing packages are in the market, and there is continued strong interest in the product from REITs and hedge funds.

Fitch issued its conclusion after analyzing home sale inventory figures compiled by Realtor groups.