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The new chairman of the Mortgage Bankers Association called on members of the industry's widely diverse factions to pull together or face the prospect that others will control their destiny.
October 10 -
MortgageKeeper, the database that connects struggling homeowners with qualified local sources of assistance, has snagged another top tier servicer.
October 10 -
John Robbins, the ageless former chairman of the Mortgage Bankers Association, is partnering with holding company Bexil Corp. to develop Bexil American Mortgage, a new residential lender that will focus on both retail and wholesale channels.
October 10 -
About 1,500 protesters are expected to picket the Mortgage Banker Association's annual convention in Chicago Monday afternoon as part of the growing anti-Wall Street movement.
October 10 -
When it comes to repossessing property, it's once again pedal to the metal for lenders in South Florida.
October 10 -
In the loss mitigation area, one of the key industry trends is a "competition for the right kind of people who have the right kind of experience," according to Gagan Sharma, president and CEO of BSI Financial.
October 7 -
The mortgage industry commonly thinks of fraud on the origination side without noticing how often it is taking place in pre-foreclosure activity. As with origination, there are many pieces on the servicing side that serve up red flags to fraudulent activities.
October 7 -
The GSE regulator told House Democrats at a closed door meeting that the Federal Housing Finance Agency is committed to making meaningful changes to a special program that will allow more borrowers with high LTV loans to refinance at lower mortgage rates.
October 7 -
Helios AMC, a commercial real estate special servicer which is sponsored by Ranieri Partners, has acquired real estate advisory firm The Situs Companies. The combined entity will retain the Situs name. The purchase price was not disclosed.
October 7 -
Fitch Ratings found delinquencies on loans underlying commercial mortgage-backed securities declined for the second month in a row in September as its numbers bore out what the company has identified as a trend toward improvement in the hotel sector.
October 7
