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Citigroup reported single-family mortgage originations of $21.8 billion in the fourth quarter, up 17% from the prior period.
January 18 -
The share of adjustable-rate mortgages will rise to 9% of the home purchase market later this year, up from 7% at the current time and 3% in early 2009, according to Freddie Mac chief economist Frank Nothaft. This was among the findings of the company's 27th annual ARM survey.
January 18 -
The overall economy has moved from a fragile recovery to firmer, less volatile growth, but the housing market is not expected to grow accordingly until 2012, according to the latest Fannie Mae economic outlook.
January 18 -
Lenders repo-ed almost as many properties in South Florida last year than in the previous two years combined, according to a new report.
January 18 -
It may be a new year, but home builders continue to feel that the housing market has very few bright signs, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index reading.
January 18 -
Even though Nancy Friedman is known as the Telephone Doctor, she has come out with a list of ground rules for customer service that are to be applied whether or not a client comes in the door or calls in.
January 18
National Mortgage News -
CMG Mortgage Services is becoming one of an increasingly rare breed: a nonbank lender with strong growth and a franchise model that relies on both retail lending and loan brokers.
January 18 -
Originators are getting help through technology for their promotional campaigns.To help them get the most out of their marketing dollars, mortgage originators are being presented with new tools that let them have better information about prospects as well as new ways to reach them.
January 18 -
TALLAHASSEE, FL—How bad is the real estate market in Florida? More than 30,000 mortgage industry professionals appear to be missing in action.It’s impossible to tell whether they are prisoners of the housing war, or simply gone off to the great mortgage office in the sky.
January 18 -
Although Las Vegas is located in the middle of a Nevada desert, the town is under water when it comes to housing values. But that doesn't mean home buyers aren't spending big money there. It just means they aren't spending what they used to.
January 18