Tag Archives: Originations

In an effort to re-build Puerto Rican communities ravaged by Hurricane Maria, FirstBank seeks to engage both buyers and investors with a modern digital marketplace built on RESNET.COM's digital platform.

Click through to learn more about how small loans can be a larger source of affordable housing.

Blockchain is creating a lot of buzz—and a lot of confusion. Primarily, this technology offers the capacity to record and monitor transactions in what is called a distributed ledger (a decentralized database). Each block is a record of new transactions ...

The consumer credit market showed an overall strong performance at the end of 2017, according to the Q4 Industry Insights Report published by TransUnion on Tuesday. According to the report, increased access to loans and relatively low delinquency levels were ...

With 2018 on the horizon, the mortgage and servicing industry is taking stock of what’s come before and bracing to meet the obstacles—and the opportunities—lying ahead.

On Monday, a unanimous Supreme Court decision could have vast implications for the mortgage and loan industry, particularly the secondary market, unless the Fair Debt Collection Practices Act is amended by Congress. The petitioners brought their case in front of the Supreme Court in an appeal of the 4th Circuit Court ruling in favor of the respondent. Justice Neil Gorsuch delivered his first opinion since his conferral to the Court.

According to a recent outlook report from Freddie Mac, total U.S. home sales will come in slightly under 2016’s numbers. This is due to a drop in refinancing activity, rising interest rates, and declining affordability. The outlook predicts originations will drop more than 25 percent in 2017.

Statistics show that purchase lending during Q4 2016 hit its highest level since 2006, with total delinquencies reduced to 4.25 percent.

Chase has promoted three individuals in its originations business: Sean Grzebin, Greg Beliles, and Lawrence Bailey.

As the United States economy continues to improve, the challenges facing the banking industry gradually shift from recovery to risk management in an effort to avoid the pitfalls that contributed to the financial crisis. In that spirit, the Office of the Comptroller of Currency released its Semiannual Risk Perspective of Spring 2014, offering an overview on the current health of the market and highlighting the significant risk related challenges that currently that face the banking industry.