PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
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Items Tagged with 'Originations'

ARTICLES

Ellie Mae’s earnings overcome mortgage industry declines

AllRegs buy will reflect on next quarter's results
Brena Swanson
“Revenue grew 30% over last year’s third quarter to a record $42.8 million, despite a 27% decline in industry mortgage origination volume, and our active user base crossed the 100,000 mark for the first time,” said Sig Anderman, CEO of Ellie Mae.
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KBW: Here’s where mortgage earnings fell short

Future looks a little better
Brena Swanson
Now that the majority of mortgage bank earnings are in, the results are nowhere close to last year’s record levels. Here’s a chart of exactly where earnings missed the mark.
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How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight
Sarah Wheeler
During one of the last panels at the MBA Annual Convention, a group of lenders was cautiously optimistic about the future, noting that while progress has been made, more clarifications are needed for a significant increase in non-QM lending.
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MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year
Sarah Wheeler
The MBA is projecting overall economic growth of 2.9% in 2015 and 2.4% in 2016, driven by strong consumer spending and business fixed investment as consumers spend on durable goods and businesses invest in equipment.
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Altisource loan origination software goes mobile

Enables borrowers to apply for loans via mobile devices
Levi Shultz
According to the company, Architect Connect enables borrowers to interact with the system directly through their mobile devices, helping borrowers to save time and lenders to save money.
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Credit Plus launches new loan quality control program

Runs quality assurance checks through each part of the origination process
Levi Shultz
Credit Plus Inc. announced that it will be offering QC Review, a new loan quality control program, which allows lenders to perform quality assurance checks to meet their own policies and procedures.
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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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