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Impac's “continuing” mortgage business earned $4.4 million and the firm saw originations spike by 33% over the second quarter to almost $710 million.
October 31 -
The authors of a 15-year-old study that suggested you might save your kids from teenage pregnancy by buying a house have doubled down on their findings.
October 31 -
At BOK Financial mortgage banking revenue increased 70% from a year earlier, to $50.3 million.
October 31 -
Warehouse usage levels haven’t been this strong since the 2000 to 2004 time period when it ranged from 50% to 60%.
October 31 -
Although Genworth's mortgage insurance division lost money, it is seeing a noticeable pick up in new policies written.
October 31 -
Mortgage bankers will be unable to sell into the secondary market any newly originated loans from the Northeast and Mid-Atlantic without a natural disaster re-inspection (NDR).
October 31 -
New applications continue to fall somewhat but the purchase money share is increasing.
October 31 -
Because of storm damage, lenders will need to have properties re-appraised which means home inspectors will be busy in the New York-New Jersey area and surrounding locales.
October 30 -
We're seeing a rise in the willingness of lenders to make home mortgages to business owners who cannot always verify income.
October 30
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The Federal Housing Administration notes that purchase money loans represented 62% of all government insured forward mortgages originated in fiscal year 2012.
October 30


