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Housing price gains and the critical role of valuations during the recovery may require lenders to watch over an appraisers shoulder.
May 13
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The housing market is undergoing a very gradual recovery as more new households are choosing to rent over buying a home, according to Wells Fargo Securities.
May 13 -
Sterling Savings Bank has completed the acquisition of the Seattle-area operations of Boston Private Bank & Trust Co.
May 13 -
AmeriSave Mortgage Corp. has launched a correspondent lending division.
May 13 -
With drastic declines in foreclosure numbers, it appears the foreclosure crisis is over for at least one state: Massachusetts.
May 13 -
With $26 million in assets and fewer than 5,000 members, Catholic Family FCU is right in the sweet spot for the "Great Divide" between CUs that are profitable and those that are struggling.
May 13 -
Aided by rising home sales and prices, the median gross income of a Realtor rose to $43,500 in 2012 from $34,900 in 2011.
May 13 -
A total of $14,100 was granted from Kirtland FCU and the FHLB-Dallas to replace worn carpeting throughout Joey Campbells Albuquerque home with hardwood floors in an effort to help him avoid tripping on seams.
May 13
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John Zielke previously was head of underwriting for Credit Suisses Column Financial and deputy chief underwriter for Walker & Dunlop.
May 13 -
We're hearing that the Consumer Financial Protection Bureau will be issuing new guidance on loan officer compensation in June.
May 10
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A 100% free solution to a big lender-appraiser dilemma.
May 10 -
A New Jersey man faces 60 months in prison followed by three years of supervised release as well as more than $700,000 in restitution payments in the wake of his guilty plea to fraud and money laundering charges in a Lancaster, Pa., area real estate scam.
May 10 -
Equity Loans LLC may have recently added four retail production offices, but the Atlanta-based companys president believes its future is in diversifying its stream of income and its production capabilities.
May 10 -
Nationstar Mortgage has agreed to buy Greenlight Financial Services for up to $75 million in cash.
May 10 -
On the Mortgage Grapevine, poster Jusross is asking if there are any wholesale commercial mortgage originators left doing business.
May 10 -
On Friday, as the Dow Jones Industrial Average set a record, 14 of 17 mortgage stocks finished the week higher.
May 10 -
As a result of the sale, Signature Group Holdings will receive net proceeds of $18.9 million, resulting in a $3.8 million gain to be recognized in the second quarter.
May 10 -
KeyBank Real Estate Capital has agreed to purchase billions in commercial mortgage servicing rights from Bank of America, which will single handedly bring KeyBanks CMBS servicing portfolio to the nation's top three.
May 10
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The Securities and Exchange Commission has charged the City of Harrisburg, Pa., for misleading investors about its financial health.
May 10
