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The dollar number of U.S. fixed-rate commercial mortgages that were liquidated in March rose by 49% from February, according to Trepp. However, the majority of loans with losses have losses of less than 2%.
April 11 -
Montgomery County Employees FCU announced it is now offering members a HarmonyLoan mortgage, which adjusts its interest rate at the member’s call.
April 11 -
The Obama Administration’s white paper on the future of the government-sponsored enterprises may have muddied the issue as much as it clarified it.
April 11 -
Banks' old problems kept easing in the first quarter. Their new problems didn't.That's what analysts expect to hear from JPMorgan Chase & Co. and Bank of America Corp. this week as they kick off quarterly results.
April 11 -
The only bank that has been penalized for mortgage servicing lapses got slapped for doing the opposite of what state attorneys general have been demanding.
April 11 -
Home values are still falling, but at a less dramatic pace, according to the new CoreLogic house price index.
April 8 -
The Mortgage Bankers Association is asking the Federal Housing Finance Agency for more information on what servicers might be paid if a loan moves from being current into the ‘default’ category.
April 8 -
The private mortgage insurance companies will not report profits in the first quarter but there should be continued improvement in credit trends and operating performance, said a report from Keefe, Bruyette & Woods.
April 8 -
After being rejected for a loan modification, Carla Ghosn decided to build a website that would tell borrowers if they qualified for the government's Home Affordable Modification Program.
April 8 -
If loan volumes are slowing, don’t tell that to TMS Funding of Milford, Conn. The nonbank residential lender recently hired six wholesale account executives and plans to hire more.
April 8


