Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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Items Tagged with 'mortgage origination'

ARTICLES

Mortgage lending reverses yearlong trend

NY Fed: Mortgage debt increases $35 billion in third quarter
Ben Lane
The NY Fed report also shows that the amount of mortgage debt held by households increased by $35 billion from the second quarter to the third quarter, rising to a total of $8.13 trillion. But how did the rest of the mortgage market fare?
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Low interest rates drive refinances to six-month high

Interest rates fall again
Ben Lane
"Low rates are creating opportunities for homeowners to either lower their payments or capitalize on their homes’ equity," said Jonathan Corr, president and COO of Ellie Mae.
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Freddie Mac: 5 game-changing predictions for 2015

Interest rates to hit 5.5% in 2016
Brena Swanson
According to a new report, the U.S. economy is well poised to sustain about a 3% growth rate for 2015. As a result, here are five predictions for the housing market in 2015, including where interest rates will go and whether or not home sales will increase.
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CoesterVMS upgrades Encompass integration

Cloud Control System now available as native application
Ben Lane
"Our development team has taken the time to build an integration that is years ahead of anything else on the market," said Brian Coester, CEO of CoesterVMS. "Our goal is to provide unprecedented means of efficiency to the mortgage origination process. This integration does that and more."
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Independent mortgage bankers see 50% loan growth

Loan production increase is the first in the past three quarters
Trey Garrison
Loan production among independent mortgage bankers in the second quarter increased by 50% over the previous quarter, the first increase in the past three quarters.
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Carrington to expand operations in Indiana

Company will invest $3.17 million and add 360 new jobs
Ben Lane
"As a reputable mortgage company, Carrington Mortgage knows the importance of making sound investments," said Indiana Governor Mike Pence. "We are excited that Carrington Mortgage recognizes our talented workforce and commitment to keeping taxes low and has chosen Indiana as a fixture in its long-term business plan."
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Freddie Mac: 3 reasons lending will hit lows not seen since 2000

What’s the deal? Rates are at historic lows, but so are originations
Trey Garrison
Mortgage interest rates remain near historic lows and this past week they hit the lowest level of 2014. At this pace, originations will hit a 14-year low of $1.14 trillion for the year.
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Closing rate for mortgage originations drops in July

Closure for 90-day applications falls below 60%
Trey Garrison
Mortgage originations showed an overall closing rate of 57.7% in July 2014, down from 60.7% in June 2014, according to a sample of 90-day loan applications conducted by Ellie Mae.
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SEC filings reveal ZAIS Financial's big mortgage plans

REIT to purchase $100 million in loans; originate new loans
Ben Lane
The real estate investment trust appears to be looking to fill the gap of falling originations and a weak secondary market by ramping up its efforts in both areas.
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California changes loan originator education requirements

Applicants must complete additional education on state’s laws
Ben Lane
The new law requires that an applicant seeking a mortgage loan originator license in California must complete two hours of approved education related to relevant California law and regulation.
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