Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'mortgage origination'


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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Caliber Home Loans crosses $50 billion in mortgage servicing

Total portfolio for the company is now more than 244,000 loans
February 5, 2014
“We are extremely proud of reaching this important milestone for our mortgage servicing portfolio, and we look forward to achieving the continued growth goals that we’ve set out for ourselves," said Marion McDougall, Chief Loan Administration Officer for Caliber Home Loans.
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Where are lenders driving mortgage traffic?

Lending standards tighten across most spectrums
February 3, 2014
Lending standards shifted across the board over the past three months following the recent implementation of the Consumer Financial Protection Bureau Qualified Mortgage rule. But where are lenders looking to find business?
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3 ways loan originations took off in fourth quarter

Health care, retail rescued flatline multifamily originations
February 3, 2014
Health care properties led the way, with a 70% jump in the dollar volume of loans. Retail saw a 43% increase, and office properties saw a 27% increase.
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The fight over shrinking origination volume

First rounds go to the community banks
January 21, 2014
Even with the mortgage origination space stretched thin, not all lenders are destined to struggle. According to one association, community banks are actually well-positioned for lending success.
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Bank of America profit surges above estimates

Posts strong 4Q $3.4 billion net income
January 15, 2014
Bank of America Corp. posted a record net income of $3.4 billion, or $0.29 per share, for the fourth quarter of 2013, compared to $732 million, or $0.03 per share, in the fourth quarter of 2012.
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Prospect Mortgage buys Impac Mortgage operations

Prospect sees gold in west coast, Idaho originations
January 14, 2014
Impac's retail operations went on the block just two weeks ago and Prospect Mortgage sees the purchase as a way to increase its footprint in key local markets.
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