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The total balance of first-mortgage loans 90 days past due or in foreclosure was $325 billion in June.
By Amilda DymiAugust 1 -
D.R. Horton said the notes will pay interest semi-annually at a rate of 5.75% per year until maturity.
By Amilda DymiJuly 31 -
A comparative TransUnion study revealed that consumers credit card payment habits and lending risk mirror attitudes towards mortgages and auto loans.
By Amilda DymiJuly 31 -
DataQuick has developed an advanced title analysis tool that enables users to better understand market changes and adjust their business strategies accordingly.
By Amilda DymiJuly 31 -
Stonegate Mortgage Corp. has opened a new branch in Brandon, Fla.
By Amilda DymiJuly 30 -
A recent settlement that also orders mortgage debt collection procedure changes may give another boost to already intense federal efforts to prevent unlawful practices and change the industry.
By Amilda DymiJuly 29 -
Fortress Investment Group has closed its Fortress MSR Opportunities Fund II at $1.1 billion on grounds of substantial future opportunities in the residential mortgage servicing rights market.
By Amilda DymiJuly 29 -
Wells Fargo has pledged $4.8 million for eligible borrowers who will purchase a home during one of the August homebuyer events scheduled in Californias Inland Empire.
By Amilda DymiJuly 26 -
Changes in the number of Facebooks active users and mobile advertising revenue has something to do with the current and future performance of housing finance companies.
By Amilda DymiJuly 25 -
New York housing advocates are sending out advocacy alerts to anyone who sees value in preserving the Low Income Housing Tax Credit in the tax code.
By Amilda DymiJuly 25 -
Soon after announcing plans to shift its servicing focus, Flagstar recorded a quarter-to-quarter net income increase.
By Amilda DymiJuly 24 -
The Housing Association of Nonprofit Development has elected its new leadership for the 2013-2015 term.
By Amilda DymiJuly 24 -
A steep rise in home values that resulted in a new wave of foreclosure starts in California during the second quarter was not enough to eliminate gains of recent years indicating the state's housing recovery will prevail.
By Amilda DymiJuly 24 -
While Detroits troubles are not new, its Chapter 9 bankruptcy filing is triggering national concern over whether it is a sign of more trouble to come.
By Amilda DymiJuly 23 -
Gateway Mortgage Group is now using Fiservs LoanServ mortgage servicing platform in line with the banks expectations to grow the home loan servicing portfolio through retail and correspondent channels.
By Amilda DymiJuly 22 -
The aggregate nonagency mortgage loan roll rates from current to delinquent have significantly improved, dropping to their lowest levels since early 2007.
By Amilda DymiJuly 22 -
SunTrust Banks reported earnings of $1.31 per share for the first half of 2013, 36% higher than the first half of 2012.
By Amilda DymiJuly 19 -
New Residential completed an additional closing of excess mortgage servicing rights on loans with an unpaid principal balance of roughly $34 billion acquired from Nationstar Mortgage and Bank of America.
By Amilda DymiJuly 19 -
Despite the recent market turbulence Home Loan Servicing Solutions reported net income of $27.9 million for the second quarter and expects to see further growth.
By Amilda DymiJuly 18 -
New business practices mandated by regulators in an effort to reform the primary mortgage servicer market appear to have leveled off large versus small bank differences in customer satisfaction.
By Amilda DymiJuly 18