Cyprexx: Discrimination charges “frivolous”

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

Items Tagged with 'mortgage origination'


CoreLogic slashes 2014 mortgage origination estimate by 10%

Still reports revenue growth of 13%
July 23, 2014
CoreLogic’s second-quarter revenue increased to $349.4 million, which was also up 0.4% from 2Q13. The company said that the increase was “despite an estimated 50% contraction in U.S. mortgage volumes.”
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FBR: Make credit available or we won’t see $1 trillion in originations

Weak May and June continue to drag market down
July 8, 2014
Nothing happens in this industry without mortgage originations. They’re the lifeblood of this industry. Without originations, there are no servicing rights available for purchase and there are no securitizations to invest in.
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The cost of closing mortgages is officially ridiculous just got worse
June 10, 2014
Last time the cost of closing mortgages was astronomical, now it is just plain ridiculous, as production income decreases for the sixth straight quarter.
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NewOak President: Mortgage market needs looser lending standards

Tighter standards, weaker borrowers aren’t a good combo
April 29, 2014
Mortgage lending dropped to its lowest level in 14 years with the increase in interest rates believed to be a primary driver, but NewOak’s president doesn’t believe that.
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Collapsing mortgage market has Corelogic down, but not out

Due to 60% “contraction” in mortgage origination volumes
April 28, 2014
“CoreLogic continued to execute against its strategic plan in the first quarter despite stiff headwinds in mortgage,” said Anand Nallathambi, president and CEO of CoreLogic.
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Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"
April 24, 2014
New regulations promulgated by the Consumer Financial Protection Bureau discourage lending by banks and nonbanks alike and are causing loan portfolios and loan securitization volumes to fall steadily, he added.
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2 charts show exactly how the mortgage pipeline is drying up

Rising rates, affordability gap squeeze originations
April 11, 2014
A preview of where originations are going can be found in the Wells Fargo and JPMorgan Chase first quarter reports.
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Jim Foley named Caliber Home Loans Regional VP

Takes over Washington, D.C., Maryland and Virginia territories
February 13, 2014
Caliber Home Loans named Jim Foley as regional vice president for the Washington, D.C., Maryland and Virginia territories, who brings 29 years of experience in mortgage lending arena.
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Here's the latest update on Wells Fargo mortgage originations

Will the slide increase in 2014?
February 12, 2014
Wells Fargo reaffirmed at the Credit Suisse conference Wednesday that it expects mortgage origination volume will slide in the first quarter of 2014.
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Two mortgage firms join forces to quicken closings

Roostify and Liquid Logics hit Bullseye
February 5, 2014
Liquid Logics' proprietary platform Bullseye is a loan origination and portfolio management system. Roostify services will be added to the platform.
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