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The San Francisco bank reported a 17% drop in mortgage fee income during the second quarter as other lenders made inroads by refinancing its customers.
July 15 -
PNC Financial Services Group's mortgage income rebounded in the second quarter as the company's servicing hedging activities returned to profitability.
July 15 -
Carmen Inclan of Raymond James Bank recognizes customers are happiest, and business booms, when communication is prioritized.
July 15 -
Upcoming risk retention requirements may be the proverbial straw that breaks the back of the commercial mortgage-backed securities market.
July 15 -
Mortgage applications increased 7.2% from one week earlier as the lowest rates in three years have brought consumers in to refinance, according to the Mortgage Bankers Association.
July 13 -
Nonbanks continue to expand their share of lending volumes as depositories keep scaling back their business in the residential mortgage space.
July 12 -
Progress Residential is refinancing its first securitization of single-family rental properties.
July 12 -
Citigroup's next commercial mortgage securitization has heavy exposure to split loans that serve as collateral for a number of other transactions.
July 12 -
Late payments on securitized commercial mortgages moved noticeably higher in June, as several large loans failed to pay off at maturity.
July 8 -
Nonbank lenders and brokers added 500 new workers to their payrolls in May.
July 8 -
Refinance requests have skyrocketed due to falling mortgage rates after voters in the United Kingdom voted to leave the European Union, according to Zillow.
July 8 -
Intensive year-long program features program managers as coaches, business segment rotations and even group hugs.
July 8 -
Mortgage rates dropped this week to their lowest point this year as yields on the 10-year Treasury remain depressed in the wake of the Brexit vote.
July 7 -
Assurant Inc. in Atlanta has acquired American Title, a title and valuation services provider.
July 7 -
Mortgage applications increased 14.2% from one week earlier as rates dropped in reaction to the Brexit vote, according to the Mortgage Bankers Association.
July 6 -
A previous career in the restaurant industry sparked an idea that helped Chong Yi nearly double his production dollar volume.
July 1 -
Loan application defect risk continued to decline in May, according to First American Financial Corp.
June 30 -
Rates for 30-year mortgages dropped to the lowest level in more than three years as U.K. voters' decision to leave the European Union drove investors to the safety of American government bonds that guide home loans.
June 30 -
Mortgage application activity decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association.
June 29 -
Big banks have drastically reduced their share of the Federal Housing Administration market, a massive shift that has big implications, according to new analysis by the American Enterprise Institute.
June 27





