Email this pageOrigination News Headlines
Real Estate Registers as Bright Spot on Employment Index
July 2, 2009
The real estate business is one of the few bright spots in the Monster Employment Index for June, the online job search website said.
Click here for more.Title Industry Posts Loss in 1Q Despite Increase in Refis
July 2, 2009
In spite of seeing an uptick in business because of the refinance boom during the first quarter, according to data collected by the American Land Title Association, title underwriters had an operating loss of $127.5 million and a net loss of $117.4 million for the first quarter 2009.
Click here for more.Beazer Homes Resolves Mortgage Fraud Allegations
July 2, 2009
Beazer Homes USA Inc., Atlanta, has agreed to pay the United States $5 million, plus contingent payments of up to $48 million to be shared with victimized private homeowners, to resolve allegations that it and Beazer Mortgage Corp. were involved in fraudulent mortgage origination activities in connection with federally insured mortgages.
Click here for more.Experts Split on Where Rates Heading
July 2, 2009
The majority of experts are divided as to whether the downward trend seen in long-term mortgage rates this week will continue or stabilize, according to a Bankrate survey released July 2.
Click here for more.TAVMA Responds to NAMB AMC Attack
July 2, 2009
The Title/Appraisal Vendor Management Association has sent a three-page letter to the National Association of Mortgage Brokers stating its attacks on appraisal management companies in the fight over the Home Valuation Code of Conduct are baseless.
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Featured StorySAFE Act Confusion Seen by AttorneyBy Jennifer Harmon 
ALBANY, NY-There is growing confusion surrounding mortgage licenses affected by the SAFE Act, which allows states to enact their own requirements for granting a license to sell on top of what federal law already dictates, according to Deborah Robertson, an attorney with the law firm McGlinchey Stafford PLLC here. |
Origination ViewsThe FHA's Role TodayPerspectives by Shaun Donovan 
Mr. Donovan, Secretary of Housing and Urban Development, spoke on the role the Federal Housing Administration plays in today's origination market and mortgage reforms he sees a need for during a speech at the National Association of Real Estate Editors Annual Conference on June 18, 2009. |
