MSRs Being Auctioned on $1.4 Billion in GSE Loans
A bulk offering of mortgage-servicing rights on government-sponsored enterprise originations includes rights on more than $1.4 billion in loans.
Chase's Staff, Mortgage Originations Increase
Quarterly home-lending volume accelerated at JPMorgan Chase & Co., while the financial institution's human resource assets have been expanding.
3-Year High for Wells Fargo Mortgage Originations
The country's biggest U.S. residential lender and servicer, Wells Fargo & Co., pushed up annual home-loan production to a three-year high.
Lake Michigan CU Originations Off, Servicing Up
Quarterly mortgage originations were down from the prior period at Lake Michigan Credit Union, as was annual lending. The servicing portfolio grew, though.
Record Annual MBS Issuance, Outstandings at Ginnie
Annual loan securitizations ascended to an all-time high last year at the Government National Mortgage Association, as did the company's book of business.
Over $300 Million in HELOCs Sold
A whole-loan transaction has been executed on the sale of more than $300 million in seasoned home-equity lines of credit.
4 Consecutive Months of Easing Mortgage Credit
Credit conditions in residential real estate finance have loosened for four consecutive months. Jumbo lending eased most last month.
eMortgage Warehouse Product Launched
A bank that is operating out of the Lone Star State has unveiled a warehouse lending product that is completely electronic.
Offering Could Yield MSRs on Up to $1 Bil in Loans
A new offering could provide the successful bidder with mortgage servicing rights on as much as $1 billion in government-sponsored enterprise loans.
Monthly MBS Issuance Surges at Fannie Mae
Issuance of mortgage-backed securities at the Federal National Mortgage Association soared last month, driving up overall agency issuance.