Judge throws out Fannie and Freddie investors’ lawsuit

More signs of a sliding housing market

Affordability has issues, too

Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
W S

Items Tagged with 'Originations'

ARTICLES

The profit-margin challenge with TILA-RESPA

Get operational processes firmed up now for Aug.1, 2015 go-live
Mark McElroy
Do you know what it fully costs you to acquire a customer? It is now critical that you know this metric today, because it’s going to change on Aug. 1, 2015. If your operational processes are not streamlined, your margins are going to suffer worse when TILA-RESPA is effective.
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CHARTS: How Stonegate will thrive in a flat market

3 areas drive growth
Brena Swanson
Stonegate Mortgage will not only succeed in 2014 but it will also grow during a flat market, according to Stonegate Mortgage’s CEO Jim Cutillo. These charts show how.
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AmeriSave Mortgage to acquire CertusBank’s mortgage division

Establishes traditional retail mortgage origination channel
Brena Swanson
AmeriSave Mortgage Corporation will acquire a large portion of CertusBank’s mortgage division, allowing the company to expand and establish a traditional retail mortgage origination channel to complement its online origination platform.
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Closing a mortgage finally makes money

Breaks 6 quarters of straight losses
Brena Swanson
After mortgage banker costs skyrocketed the past 6 quarters, well out of the realm of profitability, the latest Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association reports the landscape shifted from losing money to making money, as costs came more under control.
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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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Despite loss, Walter Investment originations segment improves

Post 2Q net loss of $12.9 million
Brena Swanson
Walter Investment Management posted a second-quarter net loss of $12.9 million, or $0.34 per diluted share, which includes charges related to goodwill impairment in the reverse mortgage segment.
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Small mortgage lenders and large banks face off

Fannie Mae: Smaller lenders to contract credit standards
Brena Swanson
Lending standards are likely to tighten at smaller and midsize lenders over the next three months, but at the same time, the smaller guys are stealing larger banks' mortgage market share.
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CoreLogic slashes 2014 mortgage origination estimate by 10%

Still reports revenue growth of 13%
Ben Lane
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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Freedom Mortgage originations grow despite industry pullback

Smaller lenders steal more market share
Brena Swanson
As bigger players see a contraction in originations, Freedom Mortgage is recording strong growth.
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Where is Ellie Mae moving?

Second-quarter earnings coming soon
Brena Swanson
After experiencing a temporary service outage of its origination system back in March, Ellie Mae is posting strong improvements and actually moving into a new headquarters to accommodate its growing workforce.
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