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The Conference of State Bank Supervisors called for a more effective and less complex capital framework in comments on proposed rulemaking.
October 18 -
Walter Investment Management Corp. priced a 6 million share public offering of its common stock at $42 per share.
October 18 -
Strong mortgage banking revenue boosted third-quarter earnings at Umpqua Holdings by almost 15% from a year earlier, to $25 million.
October 18 -
Third-quarter profit at Astoria Financial improved as it continues to emphasize multifamily and commercial real estate loans, and cut costs.
October 18 -
Commercial mortgage-backed securities have more risk than last year as landlords need to repay maturing debt and vacancies remain elevated.
October 18 -
In the first five months since the national mortgage settlement was approved, Bank of America has completed more than $4.75 billion in principal reduction offers on first mortgages.
October 18 -
The average rate for a 30-year fixed-rate mortgage in Freddie Mac’s latest weekly survey dropped two basis points to 3.37%.
October 18 -
Is the 'fiscal cliff' issue causing home buyers to sit on the fence?
October 18
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Lenders funded a smaller percentage of minority mortgage applications than the national average in every case except for Asians during 2011.
October 18 -
The nation's seventh largest mortgage banker is handing out stock grants to four of its top executives.
October 18 -
U.S. Bancorp, one of the fastest growing mortgage lenders in the nation, fears the ramifications of the "fiscal cliff."
October 18 -
M&T Bank is on a residential production tear with its pipeline of new loans overflowing.
October 18 -
Everyone should take advantage of the current low interest rates to refinance, but can they qualify? Why some perfectly good borrowers are being turned away.
October 17
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The Mortgage Bankers Association says it opposes the so-called zero-zero exemption spelled out in the Consumer Financial Protection Bureau’s pending loan officer compensation rule.
October 17 -
September marks the eighth consecutive month where home prices improved on a year-over-year basis.
October 17 -
U.S. Bancorp said third-quarter profit climbed 16% to a record, beating analysts’ estimates as mortgage-banking revenue more than doubled.
October 17 -
Next week Residential Capital Corp. will be auctioned off to the highest bidder. M&A advisors are predicting Nationstar will prevail.
October 17
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A Virginia businessman who participated in an elaborate fraud scheme that led to Bank of Commonwealth’s collapse has been sentenced to 14 years in federal prison.
October 17 -
Mortgage application volume decreased by 4.2% on a seasonally adjusted basis for the week ended Oct. 12.
October 17 -
In building its first nonconforming MBS, Shellpoint will welcome mortgages facilitated by loan brokers and correspondents.
October 17










