TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Items Tagged with 'first-quarter earnings'


Impac Mortgage reports net loss of $3 million for 1Q 2014

Sharp decline in overall mortgage volume but correspondent channel up

Originations decreased 48% from the first quarter of 2013, down to $353.1 million. Impac attributes most of that to the sale of their brick and mortar branches at the end of last year, which accounts for $180 million of the decline.

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HomeStreet predicts return to mortgage profitability

1Q net income rises to $2.3 million
Despite the company being challenged by lower-than-anticipated loan volume, it anticipates a return to mortgage origination profitability in the second quarter and beyond after recording a first-quarter 2014 net income of $2.3 million.
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