Residential lenders are starting to report their loan volumes for the fourth quarter and the
Mark Korell, who once headed Norwest Mortgage (once the nation's largest mortgage
Return of the Resolution Trust Corporation? A new paper by American Enterprise Institute
Meanwhile, one recent press report noted that China's banks have at least $400 billion
Former Fannie Mae president Larry Small is continuing to receive some bad press
Serious delinquency transitions in older mortgages inched up, hinting at the impact of an FHA rule change's impact in conjunction with other stressors.
The Senate voted 54-45 to confirm Kevin Warsh to lead the central bank. Warsh will take the reins from Jerome Powell, who said he will remain on the Federal Reserve Board.
While not looking to take on UWM and Rocket, GO Mortgage CEO Jay Promisco said mortgage brokers want and need more options for their production.
Built around the company's guidelines, Rezi Mortgage Assistant helps borrowers learn about the lending process on their own terms, Newrez executives said.
The MBA's Market Composite Index found mortgage applications rose 1.7% on a seasonally-adjusted basis from one week prior for the period ending May 8.
The announcement comes following an Institutional Shareholder Services report which urges shareholders to vote no on the CrossCountry Mortgage transaction.
