-
Not only is Wells Fargo & Co., the nation’s largest residential funder of home mortgages, it is also the largest originator of FHA and VA loans.
April 12 -
Mortgage-related mergers and acquisitions should pick up a head of steam this year, according to a new report from Milestone Advisors.
April 12 -
Despite the economic recovery, demand for single-family housing is declining while the need for rental apartments is rising, according to speakers at an Urban Land Institute conference in Washington.
April 12 -
Two executives from a mortgage banker last week used a method to close on the acquisition of the assets, liabilities and charter of a distressed institution that one of the executives said hasn’t been seen in more than three years.
April 12 -
You're never going to guess which big-time housing market has enjoyed the greatest year-over-year price gains?
April 12 -
This is a significantly updated version of the original article.
April 12 -
Word of mouth marketing and the social media complement each other and need to work together in order for one's marketing efforts to be successful.
April 12
National Mortgage News -
To spark more interest in its massive holdings of foreclosed properties, Fannie Mae is offering to cover up to 3.5% of closings for homeowners who can close by June 30.
April 12 -
A year ago, the folks who worked in Freddie Mac's multi-family section were sitting around waiting for the phones to ring. Now they can't keep up.
April 12 -
It will take a decade or more to work out all the kinks in the forthcoming merger of the Truth in Lending and Real Estate Settlement Procedures Act into a single, integrated disclosure, a top banking industry official said.
April 12 -
Southern Trust Mortgage Co. of Virginia Beach late last week told its loan brokers that it would exit the channel, citing what it calls "increasing compliance implications" tied to the Federal Reserve's new loan officer compensation rule.
April 11 -
State attorneys general and Consumer Financial Protection Bureau officials on Monday agreed to cooperate on enforcement actions and work together to prevent evasions of consumer protection laws.
April 11 -
TitleServ National, a Woodbury, N.Y.-based provider of title insurance, appraisal and settlement services, apparently exited the business on April 8, according to industry sources.
April 11 -
The Federal Home Loan Bank of San Francisco has awarded a $200,000 grant to Yolo Federal Credit Union, Woodland, Calif. — money the CU can use to help low income borrowers make a downpayment and fund closing costs.
April 11 -
Fitch Ratings said that the climb toward an expected 10% CMBS delinquency rate has slowed based on its latest index result.
April 11 -
The dollar number of U.S. fixed-rate commercial mortgages that were liquidated in March rose by 49% from February, according to Trepp. However, the majority of loans with losses have losses of less than 2%.
April 11 -
Montgomery County Employees FCU announced it is now offering members a HarmonyLoan mortgage, which adjusts its interest rate at the member’s call.
April 11 -
The Federal Home Loan banks and their members are urging the Federal Housing Finance Agency to scrap a proposal that would make it tougher to join — and stay a part of — the cooperative system. The banks and their allies argue the plan is too restrictive and could both harm the economy and jeopardize the future of the Home Loan Bank System.
April 11 -
Banks' old problems kept easing in the first quarter. Their new problems didn't.That's what analysts expect to hear from JPMorgan Chase & Co. and Bank of America Corp. this week as they kick off quarterly results.
April 11 -
There is a new resource for consumers to turn to when they are seeking information about how credit scores work. The website www.creditscorequiz.org is a joint project of the Consumer Federation of America and VantageScore Solutions Inc.
April 11



