Home Equity Conversion Mortgage originations saw a modest 4.7 percent sequential fall in the third quarter as the downward volume trend for reverse mortgages continued. [Includes one data chart.]

Caliber’s loans are generally underwritten to a full documentation standard for income, assets and employment.

According to a statement issued by Ocwen, while at Fannie Yanoti was responsible for developing the common securitization platform.

The implementation of the qualified-mortgage standard has reduced the incidence of lending to consumers with high debt-to-income ratios among nonconforming mortgage applications, and significantly increased the cost of credit, according to the Federal Reserve.

Impac CEO George Mangiaracina: “I don’t believe we’ve seen capitulation yet with respect to other originators.”

Carrington Mortgage this week announced the launch of its correspondent lending division.

Visio originates through the retail channel but also uses loan brokers…

The top five EC lenders in 3Q18 were Redwood Trust, U.S. Bank, Angel Oak, Citibank and Citadel Servicing…

Rates were in a decline Monday morning...

The decline in market share for jumbos has occurred as interest rates have risen.