Amilda Dymi

A MortgageMarvel.com analysis of 650,000 mortgage applications filed with 1,100 U.S. lending institutions across the country in 2012 shows buyers are taking advantage of technology to apply for mortgages at all times.

Inherent market risks are not stopping real estate owners from choosing to operate as niche real estate investment trusts, according to Fitch Ratings.

Envoy Mortgage, currently engaged in enhancing and restructuring its mortgage banking capabilities, is choosing in-house servicing over subservicing.

Customer advocacy groups recently targeted Bank of America and JPMorgan Chase headquarters during annual shareholder board meetings to protest against mortgage lending discrimination and abusive foreclosure practices.

Bayview Loan Servicing is expanding customer assistance services through a partnership with MortgageKeeper Referral Services that adds financial counseling to the menu.

Lenders and special servicers operating in Nevada may be up for an unpleasant legal surprise if the state’s higher court upholds a 2012 ruling that maintains a private sale of property through receivership is basically the same as a foreclosure sale.

New York attorney general Eric Schneiderman has filed a lawsuit that accuses HSBC Bank USA and HSBC Mortgage Corp. for intentionally trapping homeowners into a foreclosure processing maze.

Industry-driven solutions based on some of the most pressing issues facing real estate valuation today are crucial to the mortgage marketplace today as it adopts to the post-crisis reality.

Citibank has opened its first smart banking technology flagship branch on the West Coast in the Westwood section of Los Angeles.

A $32 million U.S. Department of Housing and Urban Development grant will be invested in affordable housing for more than 1,300 extremely low-income persons and families living with HIV/AIDS.

At least one insider finds the anticipated extension of the Home Affordable Refinance Program “may not be as bad” as expected for the residential mortgage market.

Since Wells Fargo Home Mortgage introduced the Home Rebate CardSM program in 2007 homeowners have used their rewards to automatically pay down $50 million in mortgage principal balances.

Nationstar Mortgage and Nationstar Capital Corp. reported they intend to sell an aggregate principal amount of 6.5% in unsecured senior notes due 2022.

National Center for Policy Analysis senior fellow Pamela Villarreal, who authored the study, calls reverse mortgages complicated and expensive.

Court delays and subsequent foreclosure proceeding backlogs, often referred to as the “shadow docket,” have become a major burden on both homeowners and the judicial system.

As expectations rise to finally seeing a mortgage market shift to more home purchase loan originations, it also implies lenders will have to provide first-time homebuyer products that work.

Home Loan Servicing Solutions completed an acquisition from Ocwen Financial Corp. of rights to receive servicing fees and other advances on subprime and alt-A residential mortgage loans.

New Residential Investment Corp. has invested $38 million to acquire certain cash-flow privileges from mortgage servicing rights recently acquired by Nationstar Mortgage.

BNY Mellon Wealth Management is rolling out a two-year recruiting campaign that aims to double its wealth management sales force.

Recent decreases in first-mortgage default rates are contributing to continuous improvements in the financial condition of most U.S. consumers.