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Lender Processing Services has reached a settlement with the Delaware attorney general related to the state’s investigation of robo-signing practices by the company’s subsidiary DocX.
October 17 -
Single-family construction had its best month in four years and builders are feeling optimistic about their prospects, despite tight mortgage credit.
October 17 -
Although the Consumer Financial Protection Bureau may be close on deciding final parameters for a qualified mortgage rule, its attempts to appease both mortgage bankers and consumer groups could backfire.
October 17 -
Fannie Mae/Freddie Mac servicers refinanced 26,950 mortgages with loan-to-value ratios above 125% in August, compared to 26,650 in July.
October 17 -
Bank of America lost money on mortgage banking in the third quarter but only because of charges tied to its legacy business.
October 17 -
Case involved recruiting of a manager and staff in MortgageNow's Destin, Fla., office by Guaranteed Home.
October 16 -
Bliss Sawyer's latest email to her Realtor base talks about a pop-by resource.
October 16
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A group that represents loan officers is holding out hope that "dual compensation" will be allowed on all mortgage transactions.
October 16 -
Davis + Henderson Corp. named former board member William Neville as president of D+H USA and head of the company’s U.S.-based Mortgagebot operation.
October 16 -
Commercial real estate finance company iStar Financial has obtained a $1.82 billion senior secured credit facility.
October 16 -
Real estate investment trusts that invest in mortgage debt have lost about 6% of their value in the past week.
October 16 -
PNC Financial Services Group said earnings from its mortgage banking business rebounded in the third quarter due to higher single-family originations and much lower provisioning for mortgage repurchase demands.
October 16 -
Nearly 76,000 homeowners received permanent, affordable loan modifications from mortgage servicers in August.
October 16 -
PennyMac, a publicly traded REIT, may soon be extending warehouse lines of credit to nonbank originators.
October 16 -
Mortgages backed by the Veterans Administration are on a tear.
October 16 -
Citigroup CEO Vikram Pandit is out as CEO of the nation's fifth large mortgage lender.
October 16 -
Shellpoint Partners filed a shelf registration with the Securities and Exchange Commission to issue nonagency mortgage-backed securities.
October 15 -
A California state agency has redesigned a residential program to fund green upgrades for commercial buildings.
October 15 -
The American Civil Liberties Union sued Morgan Stanley for racial discrimination in allegedly pushing predatory loans that were likely to be foreclosed upon towards black homeowners.
October 15 -
Mortgage Guaranty Insurance Corp.’s portfolio of delinquent mortgages declined by just over 1,500 loans during September.
October 15









