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We're hearing that some servicers dont believe they can modify a VA loan.
July 12
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A proposal by FASB could make GAAP accounting, but not statutory accounting, more volatile for mortgage insurers and title insurers.
July 12 -
Of the 17 Mortgage Industry Equity Composite members, 11 closed in a range between a loss of 0.5% and a gain of 1%.
July 12 -
Wells Fargo is predicting a sharp decline in mortgage originations this quarter, but CEO John Stumpf is hardly worried.
July 12 -
Rising interest rates will be the reason why.
July 12 -
The Consumer Financial Protection Bureau said its consumer complaint system is now taking debt collection complaints related to any consumer debt.
July 12 -
In the preliminary stages, lenders may not yet know what they need, much less want.
July 12
Mortgage Builder Software -
Centerline Capital Group has completed a $4.7 million cash-out refinancing transaction on two multifamily properties in Chicago.
July 12 -
JPMorgan Chases mortgage originations during the second quarter rose 12% year-to-year to $49 billion.
July 12 -
A study from the Federal Reserve Bank of Cleveland says the claim that Americans whose homes were underwater were unable to relocate for job purposes was a myth.
July 12



