Originations

GSF Mortgage Corp. has named Mortgage Loan Originator Ashley Whealton as a new addition to the company’s Jacksonville, Fla. office
GSF Mortgage Corp. has named Mortgage Loan Originator Ashley Whealton as a new addition to the company’s Jacksonville, Fla. office. A native of Louisville, Kentucky and a graduate of Sullivan University, Ashley is new to the mortgage business and is looking forward to the challenge of being GSF’s... Keep Reading....
The Community Mortgage Banking Project (CMBP) has argued that a new Federal Reserve Board (FRB) regulation, despite being positioned as pro-consumer, will instead have the perverse effect of denying consumers who comparison-shop for mortgages the opportunity to obtain a lower cost mortgage. CMBP... more
Homeownership has lost its luster. Need proof? Pick up a newspaper or ask any Jane on the street; you’ll soon figure out the industry is not viewed in a particularly good light these days. You’ll also figure out that everyone has a fix, like scrapping interest rate deductions or requiring a 20... more
Years from now, when all of the real estate-owned (REO) agents, asset managers, vice presidents and directors are back to originating loans, will we have learned anything? Ironically, many of the same leaders in the default industry had a hand in a lot of the originations that ultimately became... more
Risk-based pricing (RBP) refers to the practice of using a consumer's credit report, which reflects his or her risk of non-payment, in setting or adjusting the price and other terms of credit offered or extended to a particular consumer. The risk-based pricing rules implement Section 311 of the... more