Amilda Dymi

Performance expectations for peak vintage mortgage loans securitized between 2005 and 2008 are mixed as losses may range from a low of 2.1% to a high of 25.5%.

The average volume of PennyMac shares changing hands was over 1.56 million.

Stonegate Mortgage Corp., a nonbank mortgage company based in Indianapolis, has opened a new branch in Southlake, Texas.

Bankrate’s weekly national survey shows rates rebounded for all loan types with the 30-year fixed mortgage rate climbing to 4.72%.

Financial institutions are on the lookout and preparing to fight new mortgage repurchase demands from the government-sponsored enterprises now reviewing files from as far back as 2002.

In August asking home prices increased 11% year-over-year but only 1.2% month-over-month and 3.1% quarter-over-quarter.

Nearly half of the borrowers participating in an online National Foundation for Credit Counseling survey would rather talk to a qualified professional when facing financial distress.

At one-tenth of a percentage point the seemingly small quarterly decline in the delinquency rate of loans held in commercial mortgage-backed securities during the second quarter of 2013 is the largest on record.

Residential mortgage lender Cobalt Mortgage, Kirkland, Wash., has opened a new branch in Bellingham, its 19th office in the state.

Mountain Real Estate Capital has entered into a joint venture agreement with Lansdowne Development Group that is in line with the firm’s dynamic growth strategy of the past three years.

Arizona’s housing market, one of the nation’s four worst hit by the foreclosure crisis, is seeing constant improvements in housing prices, employment and overall recovery compared to 2012.

Greystone has originated a $6.6 million loan financed by the Freddie Mac Targeted Affordable Housing program.

Federal regulators have revised a set of less restrictive risk-retention guidelines for commercial mortgage backed securities deals that could have a negative effect on refinancing and future CMBS growth.

For the first time in five years mortgage lending growth lags behind credit cards and the fastest growing consumer credit segments in today’s market: auto financing and student loans.

Effective September 3, mortgage industry veteran Vickie Tillman is the new president of Morningstar Credit Ratings, LLC.

Concentric Equity Partners and TDR Capital have partnered to establish a new holding company that will consist of three mortgage field servicers.

Independent banks and their subsidiaries reported loan profits of $1,528, which is down from $1,772 on loans originated in the first quarter.

Mortgage stocks rallied back on Wednesday albeit not in a big way as almost half of the companies in the Mortgage Industry Equity Index traded up driving the sales volume down.

Thanks to a $25,000 grant from the Bank of America Foundation, Mutual Housing California will start the predevelopment phase of 61 new apartments and townhomes for agricultural workers.

The Mortgage Bankers Association is applauding regulators’ efforts to align the Qualified Mortgage and Qualified Residential Mortgage definitions while incorporating feedback from both the industry and customer advocacy groups into the new risk retention rule.