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By the fourth quarter, the government-sponsored enterprises likely will be reporting even stronger profits as their legacy loans continue to run off, being replaced by very profitable new issuance.
August 21 -
Analysts at JPMorgan Chase expect the upcoming National Association of Realtors' report to show a 3% increase in sales from June to a 4.5 million seasonally adjusted annual rate in July.
August 21 -
Norcom Mortgage has entered the correspondent channel and is now actively buying residential loans from community banks, nonbanks and credit unions.
August 21 -
Sabal Financial is getting into the business of lending to homebuilders.
August 20 -
In today's mortgage business, people want to partner with those they like and trust.
August 20
National Mortgage News -
Determining a portfolios exact level of risk is particularly challenging due, in part, to the sheer volume of data and information requiring thorough review.
August 20
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A newly negotiated line allows PennyMac to tap Bank of America for up to $300 million.
August 20 -
The Department of Housing and Urban Development plans to decrease the New York State Fair Market Rent limits for fiscal year 2013.
August 20 -
After losing in a district court, the Mortgage Bankers Association has decided to appeal and take its case to block overtime pay for loan officers to a higher court.
August 20 -
Wells Fargo is beginning to see modest signs of increased demand in the homebuilding sector in many markets.
August 20



