Origination

The housing market is six years into the current recovery, and while banks are generally in good health, worrisome signs of credit risk are still prevalent among these institutions.

Primary Residential Mortgage, Inc., headquartered in Salt Lake City, Utah, recently announced it has expanded its footprint in Utah by opening a new branch in Orem.

As housing markets heat up in some of the most popular metros across the country, many buyers are opting to cut their ties and purchase a home in a more affordable city.

Homebuilders may be busy heading into the spring homebuying season, which according to Fitch Ratings, is traditionally more upbeat than the rest of the year.

The Department of Justice announced Friday that HSBC Bank reached a settlement with several federal agencies and almost every state attorney general regarding "mortgage origination, servicing, and foreclosure abuses."

Director in the Mortgage Practice at J.D. Power, Craig Martin, offers advice to lenders on how to boost their originations business and ensure customer satisfaction.

Strong demand and thin inventory across housing markets is causing increased competition among buyers and homes to sell for the asking price or more.

Although mortgage interest rates continue remain at historical lows, potential buyers are steering clear of the housing market.

Credit standards among mortgage lenders tend to change with overall economic conditions. A survey from the Federal Reserve shows that credit standards may be easing among lenders, but will this change be in the best interest of the housing market?

Existing home sales experienced an up-and-down wave of activity in November and December due to the TILA-RESPA Integrated Disclosure (TRID) rule, but Ten-X.com forecasts that this may all change soon.