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Eminent domain for underwater loans and laws affecting foreclosures do impact loan originators, said the board of the California Association of Mortgage Professionals.
September 7 -
Colony Financial in Los Angeles seeks to raise as much as $150.9 million through a common stock offering and use the funds to repay a revolving credit facility.
September 7 -
Lender Processing Services said its president and CEO Hugh Harris underwent a surgical procedure to remove a tumor from his neck, noting he has a “treatable form of cancer.”
September 7 -
Radian Group, MGIC Investment Corp. and Genworth Financial—saw substantial increases in their stock prices Friday, one day after Radian released robust monthly results.
September 7 -
Want to sell your mortgage company? What will your tax rate be next year?
September 7
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The gain-on-sale mortgage juggernaut of the past few quarters will continue for banks, according to Credit Suisse.
September 7 -
Fannie Mae and Freddie Mae are raising their guarantee fees—again—and some seller/servicers are wondering if it will make a Federal Housing Administration/Ginnie Mae execution more attractive.
September 7 -
Mortgage firms added 1,300 new workers to their payrolls during July with loan brokers leading the hiring spree.
September 7 -
Six years after the bottom dropped out of the housing market, builders are finally starting to reclaim their traditional share of home sales, but challenges remain.
September 7 -
Tommy Lister is one of three people to admit guilt so far in mortgage fraud scheme in California.
September 6
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Guarantors that are members of the Mortgage Insurance Cos. of America broke the $10 billion market in new policies written for July.
September 6 -
The average rate for a 30-year fixed rate mortgage fell four basis points during the week ending September 6 to 3.55%, according to new figures compiled by Freddie Mac.
September 6 -
Republican presidential candidate Mitt Romney is calling for reform of Fannie Mae and Freddie Mac, promising it will be a priority if he wins the November election.
September 6 -
Republicans and Democrats alike are open to the idea of breaking up the megabanks -- but when push comes to shove will they have the political will?
September 6 -
The government-sponsored enterprises and compliance regulations have always driven market changes.
September 5
DocMagic Inc. -
Ellie Mae COO Jonathan Corr discusses the future potential of self-service mortgage originations.
September 5 -
Investor guidelines are becoming an integral part of product and pricing tools.
September 5 -
Smaller mortgage bankers are using different channels—retail, wholesale and correspondent—to add market share.
September 5 -
Examining the arguments, both pro and con regarding advising consumers to refinance right now.
September 5
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There was a drop of 10 basis points during July in the aggregate value of the commercial real estate loans priced by DebtX, Boston, used as collateral for securities.
September 5










