Mortgages

Loan originations on income producing properties will rise 17% this year to nearly $230 billion, the Mortgage Bankers Association is projecting in its first-ever non-residential lending forecast.

David Zugheri, founder of Houston-based Envoy Mortgage discusses preparing for the Uniform Mortgage Data Program.

David Zugheri, founder of Houston-based Envoy Mortgage discusses his bank’s approach to technology adoption.

David Zugheri, founder of Houston-based Envoy Mortgage explains how his company is taking advantage of MetLife’s exit from the mortgage industry.

David Zugheri, founder of Houston-based Envoy Mortgage discusses B of A’s exit from correspondent mortgage lending.

Washington's inability to come to grips with the nation's debt issues and other economic woes is costing jobs and holding back the economy, the president of the Mortgage Bankers Association charged in a speech Tuesday

A House Financial Services subcommittee is slated to mark up an FHA reform bill Tuesday that establishes a minimum annual mortgage insurance premium and extends the agency's indemnification requirements to all approved lenders.

Richard Cordray made his first appearance on Capitol Hill this past week in front of the Senate Banking Committee.

Sometimes opening an appraisal report can feel like being on a bad 70s game show. Door #1 opens to reveal your prize and it's a car, not a coffee cup. Everything's great for two seconds. Then you learn that the car may have a problem that could render it worthless. Then again, it may not. What do you do? Cut your losses and choose Door #2, or invest more time and bank on Door #1?

Now that the Federal Housing Finance Agency is backing away from a controversial plan to overhaul the 25 basis point minimum servicing fee paid on GSE loans, the market is trying to figure out what effect it will have on MSR values.

Assured Guaranty has filed a lawsuit against UBS' real estate securities unit over breach of contract claims.

Risk appetite in the U.S. triparty repo market is slowly returning, according to Fitch Ratings in a new report.

In the past month, the Trepp CMBS delinquency rate has been hovering within a narrow band. For the last three months, the delinquency rate has shifted back and forth only slightly higher and lower. During this process, the rate has not gone over 9.60% or below 9.50%.

The White House's restructuring of the U.S. auto industry appears to have worked - for now. If you saw yesterday's Super Bowl you witnessed an awe inspiring commercial from Chrysler featuring everyone's favorite 'punk' killer Harry Callahan, a.k.a. Walt Kowalski, a.k.a. Clint Eastwood.

In the current mortgage origination paradigm, detail is very important. Documentation and organization is what helps to get a loan file through the process. Bruce Salik of Prospect Mortgage states it is his organizational skills that help to set him apart from the competition.

Origination News is now collecting data for its annual survey of top loan producers, the results of which are scheduled to appear in the April issue.

The Obama Administration is not happy with HARP 2.0 program changes that the GSEs are implementing because it doesn't create enough competition between servicers to refinance borrowers with high LTV loans.

Driven by large increases in multifamily and industrial production, commercial loan originations rose 13% year-over-year in the fourth quarter of 2011, according to the Mortgage Bankers Association.

A collection documentation task force has been created by Ballard Spahr to assist clients in verifying that they have the proper mortgage-related documents during the foreclosure process.

The California Attorney General has returned to the 'robo-signing' talks after a four-month absence to possibly take part in a multi-state settlement with the nation's largest residential servicers, according to combined press reports early Monday morning.