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The large majority of Wells Fargo's commitment, $30 million, will come in the form of bank-owned property.
November 8 -
In its third quarter release PHH said it believes that retail production consistently delivers “high quality” loans.
November 8 -
The quality of Fannie Mae's new business is the best it's been in years, but part of the reason its fortunes have improved is the shrinking nature of its loan loss reserves.
November 7 -
After more than three years of regulatory requirements, some of which involved the implementation of technology, the moment that the origination industry has been waiting for has arrived.
November 7
First American Financial Corp. -
Zillow CEO Spencer Rascoff said the company is focusing on a strategy of “building home-related marketplaces.”
November 7 -
Radian's delinquent inventory fell during the month to 93,980 units.
November 7 -
Mortgage lead generation revenue grew by 27% over the third quarter of last year.
November 7 -
Is it too early for mortgage bankers to get excited about President Chris Christie?
November 7
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Washington sources have told National Mortgage News that when the outside audit of the agency is released next week, FHA's Mutual Mortgage Insurance fund may require a bailout.
November 7 -
JPMorgan Chase will go to trial on allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.
November 7 -
Several months back mortgage bankers from coast to coast were fretting about the inevitable: that when interest rates finally rise the refinancing gravy train that’s been sustaining mortgage bankers for the past 12 months will finally grind to a halt.
November 7 -
Giving in and looking for someone to help with the loan origination business.
November 6
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Despite the lack of any big acquisitions, Nationstar's servicing portfolio grew slightly, to $198 billion in serviced loans, on the back of increased originations and two GSE portfolio acquisitions.
November 6 -
Fidelity’s title insurance business alone posted pretax earnings of $210 million, up from $138 million in 3Q11.
November 6 -
Election or not, the fate of mortgage banking hangs in the regulatory balance.
November 6
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The Federal Home Loan Bank of Cincinnati purchased $1.9 billion of single-family loans from banks and thrifts during the first nine months of 2012, a 46% increase from the same period a year ago.
November 6 -
I was born, raised and currently live on the Rockaway Peninsula, one of the hardest hit areas by Hurricane Sandy. My family evacuated before the storm hit, but we saw the images on television of flooding and fires that struck our area.
November 6
National Mortgage News -
Consumer Financial Protection Bureau director Richard Cordray, installed by Persident Obama in January without Senate confirmation, is expected to hold office at least until his recess appointment expires at the end of 2013, no matter the election victor.
November 6 -
Bond prices are improving due to the federal government purchasing mortgage-backed securities, which keeps interest rates low.
November 6 -
Freddie Mac's third-quarter results suggest that the mortgage giant is living off the refi boom: in 3Q its secondary market acquisitions supported home purchases of 1.4 million units, but 5.6 million of refinancings.
November 6









