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The portfolios of the top four servicers all grew on a year-over-year basis, according to the Mortgage Bankers Association's study.
By Amilda DymiAugust 28 -
The earthquake in Napa County, Calif., will not impact the rating of securities backed by residential mortgage loans on Californian properties, according to Fitch Ratings.
By Amilda DymiAugust 27 -
Freddie Mac's Multi-Indicator Market Index shows ongoing U.S. housing market improvement is uneven despite employment gains in areas with stronger economies.
By Amilda DymiAugust 27 -
Online real estate marketplace Auction.com has appointed Mindy Heppberger as chief legal officer.
By Amilda DymiAugust 26 -
Investors are moving their focus into California's less expensive, more rural areas, according to a California Association of Realtors survey.
By Amilda DymiAugust 25 -
A drop in homeownership among the native-born population, coupled with a pickup in the pace of homeownership gains among those who immigrated to the U.S. have narrowed the homeownership gap between the two demographics during the last decade, according to Fannie Mae research.
By Amilda DymiAugust 25 -
Universal American Mortgage Co., the mortgage banking subsidiary of Lennar Corp., one of the nation's largest homebuilders, has acquired certain assets of Colorado-based Pinnacle Mortgage Group.
By Amilda DymiAugust 20 -
Carrington Mortgage Services in Santa Ana, Calif., has hired a former JPMorgan Chase & Co. executive to lead its mortgage lending operations.
By Amilda DymiAugust 19 -
The Mortgage Industry Standards Maintenance Organization will release two residential mortgage data standard updates in November 2014 and July 2015.
By Amilda DymiAugust 19 -
Second-quarter data show housing activity has lost momentum and may experience only minor improvements in the second half of the year, according to a Fannie Mae's Economic & Strategic Research Group.
By Amilda DymiAugust 18 -
ZAIS Financial Corp. has closed a $100 million financing agreement with Credit Suisse First Boston Mortgage Capital LLC to purchase whole residential loans.
By Amilda DymiAugust 15 -
Stewart Lender Services in Houston has completed the acquisition of DataQuick Lending Solutions, which adds valuations to Stewart's mortgage service offering.
By Amilda DymiAugust 13 -
New Penn Financial a national nonbank lender in Plymouth Meeting, Pa., has introduced a loan product for buyers who do not comply with the qualified mortgage criteria that took effect in January.
By Amilda DymiAugust 13 -
Oak Mortgage Group in Austin has opened a builder relations division in Texas.
By Amilda DymiAugust 12 -
The issuance of securities backed by mortgage loans on multifamily properties guaranteed by Fannie Mae increased over 30% from the first quarter of 2014.
By Amilda DymiAugust 8 -
Residential mortgage delinquencies declined for the fifth consecutive quarter to roughly 6%, the lowest level since the fourth quarter of 2007, as subprime loan portfolios continue to shrink.
By Amilda DymiAugust 8 -
MGIC Investment Corp. reported its insurance subsidiaries wrote $3.6 billion in new primary mortgage insurance in July, up 12.5% from June, continuing its second-quarter trend.
By Amilda DymiAugust 8 -
Changing mores among the millennials will delay first-time home purchases and contribute to further declines in the national homeownership rate through 2018, according to Zillow.
By Amilda DymiAugust 4 -
Manhattan Bridge Capital said it will price up to 1.75 million shares of common stock for sale through a public offering at $2.85 per share.
By Amilda DymiJuly 29 -
The National Association of Real Estate Brokers has entered into a two-year training partnership with Radian Guaranty.
By Amilda DymiJuly 28

