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Lower rates of return would require insurers to charge higher premiums or stop covering loans to borrowers with lower credit scores. (You know, the ones the government wants to help?)
July 22 -
Warehouse lenders are severely aware of the potential risks of non-QM loans, but right now, they have a huge appetite for earnings and sustainability.
July 22
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Washington Trust rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.
July 22 -
Mentoring the newbies in the mortgage business may help them avoid boom-and-bust errors later in their careers. And it can be a personally satisfying thing to do as well.
July 22
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Mortgage origination volume for the second quarter will come in at $275 billion, a 17% increase from the previous quarter driven by a seasonal increase in purchase activity, according to Keefe, Bruyette & Woods analysts.
July 21 -
Altisource Portfolio Solutions' acquisition of Mortgage Builder Software will close next month, the companies announced Monday, following weeks of rumors but no official confirmation of the deal.
July 21 -
In another reshuffling of its mortgage ranks, Bank of America has promoted D. Steve Boland, who joined the company through the 2008 acquisition of Countrywide Financial, to head residential lending.
July 21 -
Peoples Bancorp reported higher earnings in the second quarter than a year earlier thanks to a stronger loan portfolio.
July 21 -
The Atlanta bank's CEO sounds upbeat on the mortgage and housing markets. Unlike JPMorgan Chase, SunTrust appears to be committed to the FHA lending business following a large government settlement.
July 21 -
The general perception in the mortgage industry is that the CFPB and their new regulations are like an albatross around the necks of mortgage companies, especially the smaller independents.
July 21








