During 4Q14 Javelin Mortgage Investment sold all of its holdings of prime, fixed-rate, senior bonds from new-issue jumbo MBS – $119.6 million of non-agency product in total.

Tom Popik, research director of Campbell Surveys, notes that the Quicken Loans’ call-center model can be an accepted alternative to local mortgage branches.

Although HARP originations plunged by 76 percent last year, the FHFA may keep the program alive.

Total VA volume for the entire year was $112.0 billion in purchase and refinance loans.

Glenview is bullish on Ocwen but it also owns a large stake in the nonbank...

Third Federal Savings & Loan in Cleveland is wooing first-time homebuyers with an offer of a $1,000 credit to spend as they wish if they close a purchase mortgage with the lender. There is no catch, said David Reavis, marketing manager for Third Federal. “There are no points and fees on the back end to cover the credit,” he said. “Third Federal is paying for it. We think the combination of a competitive rate and the $1,000 in the form of a check is an attractive offer that will ...

A company called NotaryCam is raising eyebrows – and hopes for the future of e-mortgages – with the deployment of what it claims is the world’s only notary service that securely and legally notarizes documents online within minutes via live web conference from anywhere in the world. Requiring just a standard webcam, NotaryCam, based in Alexandria, VA, can produce a digital version of notarized documents within minutes. And with browser-to-browser ...

Mortgages with credit scores exceeding 740 continued to dominate the conventional conforming market in 2014, according to a new Inside Mortgage Trends analysis of loans sold to Fannie Mae and Freddie Mac last year. High-score borrowers accounted for 62.0 percent of loans securitized through the two government-sponsored enterprises in 2014. They accounted for an even bigger 66.2 percent of purchase-mortgages loans ... [Includes one data chart]

Home-equity lending gained modest momentum during the fourth quarter of 2014, although the outstanding supply of second-lien mortgage debt continued its seven-year decline. Mortgage lenders originated an estimated $21 billion of home-equity loans, including home-equity lines of credit and closed-end second mortgages, during the fourth quarter. That was up 5.0 percent from the third quarter and brought full-year production ... [Includes one data chart]

CFPB General Counsel Meredith Fuchs showed little sympathy for lenders worried about TRID's start date, referencing the rule's long implementation period.