-
Even though it still has some regulatory hurdles to clear, interest in jumbo lending has bumped up a notch.
October 26 -
One thing we learned from the crash of 2008: American businesses, when they so choose, can lay off workers at warp speed.
October 26
-
ViewPoint Financial Group earned $11.3 million in 3Q12, up 120% over the same period last year.
October 26 -
The combination of Dodd-Frank Act mortgage rules and the Basel III capital standards could perpetuate today’s tight credit conditions, according to a new study from conservative think tank American Action Forum.
October 26 -
If Congress allows the mortgage forgiveness debt relief provision in the tax code to expire on Jan. 1, distressed borrowers could get hit with a tax bill.
October 26 -
During his career in mortgage banking Jeffrey Lisinicchia has worked for Greenlight Financial Services, GMAC Mortgage and other firms.
October 26 -
Although EverBank had a good quarter, it also wrote down the asset value of its mortgage servicing rights.
October 26 -
Blueberry Systems said that its Relay loan origination software now integrates with DocMagic’s document preparation and compliance technology.
October 25 -
Residential Capital Corp. said it approved a $1.5 billion bid by insurance conglomerate Berkshire Hathaway to buy roughly 47,000 whole loans from the bankrupt mortgage company.
October 25 -
Mortgage lenders are to provide home loan applicants with copies of written appraisals and other home value estimates and ensure that consumers receive information prior to closing about how the propertys value was determined.
October 25
-
Freddie Mac acquired $39 billion of mortgages from its seller/servicers in September, a 5% decline from the month prior.
October 25 -
CoreLogic reported net income of $36.2 million for the third quarter.
October 25 -
For the nation’s second, third and fourth largest title insurers, the third quarter was very good and profitable.
October 25 -
In 131 out of 212 cities that have a population of at least 200,000, third-quarter foreclosure activity fell year-over-year.
October 25 -
Fixed mortgage rates inched back up on average in Freddie Mac’s weekly survey, following a slight drop the previous week.
October 25 -
Is there any mortgage lender that should turn up their nose at a pot of $100 billion in mortgages? Don’t think so.
October 25 -
Among other things, Bank of America is accused of continuing a high speed loan processing program dubbed "The Hustle" that started at Countrywide and cause massive losses at Fannie Mae and Freddie Mac.
October 25 -
In an email to employees, Residential Capital Corp. notes that Nationstar’s bid remains in place for 30 days should something change in regard to Ocwen’s offer.
October 25 -
Flagstar posted gain-on-sale income of $334 million in the third quarter, an impressive 57% increase from 2Q.
October 25 -
Upbeat meeting tempered by an uncertain future.
October 24
National Mortgage News










