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Of the 17 Mortgage Industry Equity Composite members, 10 were down, six gained and one broke even.
September 24 -
A new Canada-only securities transaction collateralized by a co-ownership interest in a pool of residential property-secured lines of credit could prove to be a model for future deals of interest to U.S. investors.
September 24 -
Wells Fargo persuaded a U.S. judge to dismiss some claims against it in a lawsuit by the federal government accusing the lender of home mortgage fraud because they were filed too late.
September 24 -
The Mortgage Grapevine is discussing one of the biggest issues of the day in Washington, the lifting of the debt ceiling.
September 24 -
KB Homes CEO thinks the mortgage-rate-driven slowdown in the housing markets recovery will not last.
September 24 -
Life insurers had a loss of 1.92% on their commercial mortgage investments in 2Q13, the first time this has occurred since the fourth quarter of 2008.
September 24 -
Kenneth Tebbs has been sentenced to 78 months in prison after pleading guilty to one count of wire fraud in connection with a real estate investment scheme.
September 24 -
Sen. Bob Corker, a co-author of legislation to overhaul the mortgage finance market, forcefully defended his proposal that private capital take at least 10% of the first loss on mortgage-backed securities.
September 24 -
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First Niagara Financial Group promoted Tom Faughnan to become senior director of its residential mortgage business.
September 24




