Replies to our latest survey question on whether the merger of the Mortgage Bankers Association and the National Home Equity Mortgage Association will be good for the industry are running 2-to-1 in favor of an affirmative view.As of midday Friday, the tally stood at 84 who said the merger will be good for the industry and 40 who said it won't. To go to the survey, see the left column of the NMN home page.
-
The reverse-mortgage lender saw a quarterly loss but expects originations to increase 10% in the second quarter, as it attempts to address high-yield debt concerns.
48m ago -
Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
3h ago -
Mike Kortas, CEO of NEXA, alleges he fired his former co-owner, Mat Grella, because he added himself as a "new manager" of the company in a filed amendment to the company's articles of organization.
6h ago -
Price growth is decelerating but still driving historic home equity gains for owners and widening the gap between the haves and have-nots in housing, ICE finds.
8h ago -
Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
May 6 -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
May 6