-
We are now in what apparently appears to be our first sustained significant increase in rates in quite a while.
June 4
National Mortgage News -
Of the 17 Mortgage Industry Equity Composite stocks, nine were down for the day and eight were up.
June 3 -
In the first-ever Homes.com Rebound Report, the top 100 real estate market which has made the greatest recovery from the bust as of March is San Antonio.
June 3 -
Fairholme Capital Management owns $2.4 billion in preferred stock of the two government-sponsored enterprises.
June 3 -
Wells Fargo chief financial officer Tim Sloan said he doesnt foresee a new housing bubble even as home prices rise at more than 10% annually.
June 3 -
A Connecticut real estate attorney and licensed mortgage broker was sentenced to 30 months in prison for his role in a Fairfield County mortgage fraud scheme.
June 3 -
Resolutions that had been contributing to lower late-pays previously dropped sharply during the month.
June 3 -
Mortgage Grapevine poster Dambra1 apparently has not read the compliance blog posted each week on OriginationNews.com from attorney Herman Thordsen.
June 3 -
Mortgage modifications led to more than $1 billion of unexpected retroactive losses across 170 U.S. residential mortgage-backed securities, which are credit negative for these deals.
June 3 -
We're hearing lenders are under increasing pressure to make sure nonpublic, personal information about their customers does not find its way into the public realm.
June 3



