At the midway point of 2015, the group’s $8.061 billion in year-to-date mortgage-banking income was up 15.1 percent from the first six months of 2014.

Company CEO Dan Perl said the privately held nonbank has been receiving several applications for loan amounts ranging from $2.1 million to $2.7 million...

Clayton Holdings noted that 75.9 percent of the mortgages were originated via the retail channel with the balance coming through loan brokers.

But only 33.0 percent of California mortgages had primary MI coverage, compared to 46.6 percent for the nation as a whole.

Greystone Servicing Corp. originated all of the 44 notes in the deal.

According to one published report, Gov. Andrew Cuomo is considering John Coffey as the next superintendent for New York Department of Financial Services.

Potential investors in RoundPoint Mortgage include PIMCO, which so far has spent several million dollars on due diligence and legal costs...

Lenders have slowly loosened underwriting standards since the third quarter of 2013, with the credit expansion largely focused on the agency market, according to a new analysis by the Urban Institute’s Housing Finance Policy Center. Actions by the government-sponsored enterprises and the FHA to address buyback risk appear to have helped prompt lenders to loosen underwriting standards on agency loans. The HFPC’s credit availability index tracks ...

Mortgage lenders that sell loans to Fannie Mae and Freddie Mac are still focused on delivering single-family mortgages with relatively low credit risk, according to an Inside Mortgage Trends analysis of loan-level data from the government-sponsored enterprises. In the second quarter of 2015, 66.4 percent of loans sold to the GSEs had credit scores of 740 or higher. That was up from 64.4 percent in the first quarter and 60.6 percent during ... [Includes one data chart]

The market for “fix-and-flip” properties is starting to look frothy in certain metropolitan areas, but that isn’t stopping California Capital Real Estate Advisors from moving ahead with its plan to raise $100 million from investors. CalCap has carved out a specialty niche over the past five years of funding developers and contractors in California whose goal is to buy mostly distressed properties on the cheap, fix them and sell them quickly. The privately held nonbank ...