Loan Value Group has begun to facilitate the delivery of government-funded principal reductions in an effort aimed at getting the relief to qualifying underwater borrowers in Arizona more quickly.

The correspondent channel accounted for 49% of Wells Fargo’s residential production in the third quarter.

There is a lot of attention focused on single-family homes by investors looking for a great cash flow with high appreciation potential over the next few years.

Consumers want things done quicker, while regulators want them done right; both will hold the originator responsible.

Patricia Rauch has joined appraisal technology provider Global DMS in the newly created position of chief operating officer.

GMH Mortgage, which has been hiring of late, is licensed in 14 states.

Mortgage hiring fell slightly but recruitment is up.

Increased regulatory scrutiny in recent years has included a greater focus on how mortgage-related assets such as servicing rights are recorded on the books.

Automation has helped the industry keep up with Consumer Financial Protection Bureau regulations, good-faith estimate fee disclosures and single point of contact requirements that have challenged the industry.

The nation’s title insurance underwriters generated $3 billion of premiums in the third quarter.

Refinancings are holding steady, but “have leveled off a little bit.

RealtyTrac fears that if the mortgage interest deduction is eliminated due to the fiscal cliff quagmire, it would give many underwater and otherwise distressed homeowners one less reason to hang on.

Bank of America has been shedding mortgage assets dramatically the past two years.

With 3,500 registered attendees and countless "unofficial" ones walking the halls of the Hyatt Regency, the 2012 Mortgage Bankers Association annual convention had a positive vibe not seen in several years. The theme was "Investing in the American Dream." There were many references to the presidential election, including multiple cutouts of candidates Barack Obama and Mitt Romney in the trade show.

A wave of refinances this year is helping to drive a mortgage boom across the industry.

Oftentimes, appraisers don't feel like reviews are processed by qualified real estate property valuation professionals.

ServiceLink said that Kevin Coop has joined the company as executive vice president of enterprise strategy.

Federal Deposit Insurance Corp.-insured institutions originated $204.8 billion of single-family loans in the third quarter.

Chase reached out to Quicken regarding the source code of its origination software.

In their lawsuit, the funds claimed that the ratings agencies had misrepresented their independence from the banks that sold the mortgage backed securities.