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U.K. Lending Could Show Year-to-Year Improvement
November 20, 2009
The United Kingdom's year-to-year gross mortgage lending could slow down a bit on a monthly basis in coming months but it might start to look a little better on a year-to-year basis.
Click here for more.NRMLA Close to Naming Firm Alleged to Be Violating Its Policies
November 20, 2009
The National Reverse Mortgage Lenders Association is in the final stages of "publicly naming" an overly aggressive third-party lead generation company which has consistently violated the group's ethics and standards policies.
Click here for more.Misleading Reverse Mortgage Ads Draw Scrutiny
November 20, 2009
False and misleading advertising was described at the National Reverse Mortgage Lenders Association's annual conference in San Diego as a "cancer" on the reverse lending business.
Click here for more.Bank of America Planning "Non-Government" CMBS Deal
November 20, 2009
Bank of America plans to sell $460 million of mortgage securities backed by commercial real estate loans without relying on a Treasury program to aid lending in that market.
Click here for more.House OKs Amendment to Reduce Risk Retention Requirement
November 20, 2009
The House Financial Services Committee has approved an amendment that cuts a 10% risk retention requirement on sales and securitizations of mortgages down to 5%.
Click here for more.
Mortgage MarketingFrom the Broker pages of Origination News, our sister publication: Superstar of the MonthBy Brad Finkelstein 
Dustin Hughes is building a successful business around a culture of having a proper work/life balance.
Despite being a relative newcomer to the mortgage business, Dustin Hughes has built a business that is on pace for him to do between $30 million and $32 million in loans this year in Portland, Ore., market. A big part of his success is the balance he maintains between his family life and work. |
Origination NewsA featured story from Origination News, our sister publication: NAMB Is Mulling Changes at FHABy Brad Finkelstein 
MELVILLE, NY-There might be some benefits to mortgage brokers in the proposed changes by the Department of Housing and Urban Development to the Federal Housing Administration program, said National Association of Mortgage Brokers president Jim Pair, but he had more than a few words of caution. |
Video of the Day
| The next steps if a mortgage is denied. |
