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The appraisal independence requirements within the Dodd-Frank Act go a long way to shedding more light onto an issue that needs to be solved, but it doesnt go quite far enough.
July 17
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M&T Bank Corp. said the 13% increase in the company's 2Q12 net income over 1Q12 reflects a 24% increase in mortgage banking during the time frame.
July 17 -
Stonegate Mortgage has named Paul Wyner senior vice president of third-party origination.
July 17 -
The average single-family new home price should improve by 4.25% and the median should rise by 4.5% in 2012.
July 17 -
Wells Fargo's mortgage servicing rights portfolio could have an impact on the bank's capital ratios under the Basel III requirements in the not-so-distant future when interest rates rise.
July 17 -
A Utah man pleaded guilty in federal court for his role in a multimillion-dollar mortgage fraud scheme that resulted in the illegal flipping of six properties and huge lender losses.
July 17 -
CU Members Mortgage said it signed 22 new credit union clients in the second quarter.
July 17 -
There is much discussion about how housing prices have stabilized lately, implying the housing market is progressing forward into recovery mode. Econ 101 says differently.
July 17
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InCharge Debt Solutions has partnered up with Freddie Mac to open a resource center that provides educational and information assistance to struggling homeowners with Freddie Mac-owned mortgages to help them stay in their homes.
July 17 -
While the basic mortgage jobs picture has been flat, there are variations within it. Mortgage banking firms have lost 6,000 jobs, while mortgage brokerages have gained 6,000 jobs.
July 17




