Nov 30, 2012 10:48AM

More Originators And Fewer Mortgage Companies - NMLS Report

The number of state licensed mortgage companies registered with the National Mortgage Licensing System (NMLS) decreased by 2.3 percent on an annual basis while the number of individual loan originators increased by a nearly identical amount according to one of two third quarter reports issued by NMLS on Thursday. The number of institutions registered with the federal government increased by 1.4 percent and loan originators by 1.8 percent on a quarterly basis. State licensure information and federal...

Nov 30, 2012 10:57AM

Investors Like Housing Price Rally - Even Goldman Betting on Subprime

"If I could rearrange the alphabet, you and I would be together." Before you roll your eyes at that one, a buddy of mine said that to a gal at a bar twelve years ago and they've been married for the last nine. Strange things do happen. (On the other hand, another acquaintance told his soon-to-be ex-girlfriend, "My phone never rings and it's always you.") Lenders and Realtors know that relationships can sometimes complicate things, and the Census Bureau tells us that about 18% of people 18 and older...

Micro News

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11:36 AM:

Measured Weakness Following Fed Buyback, But Holding Ground

9:55 AM:

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9:25 AM:

Bond Markets Stay Flat Overnight, Slightly Stronger Into AM

8:44 AM:

Euro Zone Joblessness Hits Record, Inflation Eases

8:40 AM:

ECON: Consumer Spending Lower Than Expected

1:20 PM:

Moderately Strong 7yr Auction Helps Reinforce Pre-Auction Trading Levels

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Today's Comments

josh darrimon

"I couldn't agree more with the synopsis. HUD is going to push the stronger borrowers into conventional programs and leave HUD with the riskier and..."

Frank Ceizyk

"So you are a current disgruntled originator--or simply a "consultant" who sits in judgment over other peoples work with no originating experience..."

Ryan Frost

"Why not allow post 6/09 FHA borrowers to refinance, pay 1.5% UFMIP and grandfather their current monthly MI? This would create a major influx of quick..."

Today's Q&A

"What type of letter do you need for a deed change?"

"Can I Short Sale my property in my current situation?"

"Can I refinance my current Mortgage and roll my Home Equity Loan into the new loan. "