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Citigroup reported net servicing and gain-on-sale revenue of $684 million in the third quarter—more than triple what it did a year ago.
October 15 -
A.M. Best and Demotech have maintained their stable outlook on title insurance underwriters following their respective examinations of industry data for the second quarter.
October 15 -
ICON Residential, which is in the process of being sold, is expanding its wholesale presence, hiring a former Wells Fargo official.
October 15 -
Industry veteran Jon Daurio, who’s forming a new nonprime lender, will focus on retail initially and hire 50 to 80 people.
October 15 -
JPMorgan Chase had strong mortgage earnings in the third quarter, but questions remain about its residential business, including a large additional writedown on home equity loans.
October 15 -
Thanks to the revised FHA Streamline program, GNMA issuance increased 11% in fiscal year 2012.
October 15 -
Successful mortgage originators remember their client's interests come first.
October 14
National Mortgage News -
Historically, software integrations between companies has only been available to larger lenders due to the high costs of development and implementing integration solutions.
October 13 -
When subprime lending "comes back" it will be totally differentand out of the past.
October 12
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Small and midsized mortgage bankers are pairing up to be able to offer clients more services.
October 12 -
Wells Fargo will begin putting more residential loans on its balance sheet, foregoing immediate gain-on-sale income.
October 12 -
FA Business Services, a subsidiary of First American Corp., is unveiling QC@Closing, its new, fully automated loan quality product.
October 12 -
Most originators and servicers have implemented cost improvement programs to survive.
October 12
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Radian Guaranty said “proactive capital management initiatives” were responsible for it being able to write policies in its main underwriting unit for all of 2012.
October 12 -
An overall slowdown in distressed sales bodes well for home prices holding their own this winter, according to a new report from Amherst Securities Group.
October 12 -
Ken Markison, the Mortgage Bankers Association’s regulatory counsel sees the relationship between the qualified mortgage, the qualified residential mortgage and the Home Ownership and Equity Protection Act as three concentric circles.
October 12 -
Suffolk Bancorp is looking to growth after raising capital and purging a large block of troubled loans.
October 12 -
Private equity money continues to look at the mortgage banking industry but they're still scared about the 'dark years.'
October 12
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Wells Fargo had its best origination quarter of the year, but mortgage earnings fell slightly in the third quarter.
October 12 -
Loan production is booming at the privately held Skyline Home Loans of California.
October 12





