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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
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Zais Financial Corp. has closed on a $150 million committed financing facility which it will use to purchase whole residential loans.
June 3 -
Fitch Ratings said the nations title insurance underwriters strongly capitalized as of the end of 2012.
June 3 -
Industry-driven solutions based on some of the most pressing issues facing real estate valuation today are crucial to the mortgage marketplace today as it adopts to the post-crisis reality.
June 3 -
One loan driver is anecdotal evidence shared by a number of credit unions that are booking mortgages with low loan-to-value and short duration.
June 3 -
The next few months will see significant changes in the mortgage loan market and those changes will impact the credit unions that write those loans.
June 3



