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Mortgage Originations News

Originations, Staffing Grow at Churchill Mortgage
Churchill Mortgage Corp. lifted quarterly loan production, while it also increased the size of its staff compared to the end of last year.

www.elliemae.com
Refis and Conventional Top Mortgage Activity Decline
Despite stronger business on a year-over-year basis, refinance activity took the hardest hit as new mortgage activity slowed this past week. Meanwhile conventional activity had the second worst week-over-week showing.


Mortgage Market Index 171 for week ended April 24

www.mtginfo.com
Impac Mortgage Originations More Than Double
Impac Mortgage Holdings Inc. expanded its wholesale sales staff and acquired a retail origination business -- helping it to more than double quarterly loan production.


BB&T Home Lending Sees Tight Gains
While home loan production squeaked by prior quarterly results, pre-tax mortgage banking earnings took a hit at BB&T Corp. The mortgage servicing portfolio also fell.

Mortgage Earnings Soar at Huntington
Quarterly mortgage production nudged higher at Huntington Bancshares Inc. Far more impressive was the 64 percent surge in quarter-over-quarter mortgage earnings.

Stonegate Production Hurt By Correspondent
For the second time in a row, quarterly mortgage production fell at Stonegate Mortgage Corp., with the most-recent drop due to slowing correspondent business. Servicing and staffing also declined.

Wholesale HECM Production Up as Retail Slides
Although the monthly origination of government-insured reverse mortgages slowed through the retail channel, a modest gain was posted on the wholesale side.

Refis Drive Up Mortgage Originations at Regions
While purchase mortgage financing dropped, a rise in refinancing moved total home lending activity higher at Regions Financial Corp.

Fifth Third Mortgage Production Rises
Home loan activity jumped ahead at Fifth Third Bancorp. Meanwhile, the size of the financial institution's servicing portfolio shrank.

Mortgage Bankers Increase Q2 Refi Forecast
Mortgage bankers are apparently more optimistic about refinance production for the current quarter, lifting their projection by $11 billion.


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Refinance News | Refinance Share Statistics
News about refinancing programs, pricing and production. Stories about the H o m e
Affordable Refinance Program, H A R P 2.0 and other Making Home Affordable coverage.


Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.


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LOs See Big Jump in 2012 Production
Average loan production for participants in the 2012 Loan Originator Survey was mostly unchanged between 2010 and 2011.
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Refinance News
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Mortgage Industry Directory
Profiles of conforming, Alt-A and subprime mortgage bankers.
Production data, servicing portfolio size and senior executives.
Parent companies & related businesses. Latest company news.



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