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Investors punished Nationstar Mortgage, sending shares down more than 10% Wednesday, down $3.15 a share to $27.96 a share, after the nonbank servicer announced a capital raise of roughly $500 million that will dilute existing shareholders.
March 25 -
If you and your staff are suffering from email overload, here is a list of handy shortcuts to use when corresponding to help get the message through.
March 24 -
Changes to the Consumer Financial Protection Bureau's consumer complaint system could give lenders lots to gripe about if they don't prepare accordingly and be proactive, mortgage industry consulting firm STRATMOR Group said March 23.
March 23 -
Sales of previously owned homes fell short of a 5 million annual rate in February for a second month, showing an industry struggling to gain traction amid rising prices and a lack of inventory.
March 23 -
As the temperature have crept up, mortgage rates have gone down, making for a positive start to the spring home-buying season, according to the Freddie Mac Primary Mortgage Market Survey.
March 19 -
The percentage of mortgage loans refinancing as part of the overall origination market continued to grow in February following January's blockbuster month, according to data released Wednesday by Ellie Mae.
March 19 -
Foreclosure activity in February fell to its lowest level in nine years even though lenders repossessed more assets, according to data from RealtyTrac.
March 19 -
Mortgage lender outlooks improved during the first quarter of 2015, according to a new sentiment survey from government sponsored enterprise Fannie Mae.
March 18 -
An outage that crippled the Internal Revenue Service's ability to process 4506-T forms for nearly two weeks has been resolved, but the capacity constraints in the tax transcript service are an ongoing challenge for the mortgage industry.
March 17 -
Fortress Investment Group plans to cash out its entire stake in commercial mortgage banker Walker & Dunlop.
March 17 -
But derivatives that magnified their performance woes were the bigger culprit, according to a new book by investor Howard Hill, who created models for collateralized mortgage obligations before the meltdown.
March 17 -
Banks can expect to incur higher costs in several areas during the implementation of a settlement agreement to improve the accuracy of credit reports. But they might benefit in the long run by getting better information on borrowers.
March 10 -
Telecommuting isn't new for front-office loan officers, but in an increasingly competitive hiring environment, some mortgage lenders now let their underwriters work from home, too.
March 10 -
The three leading U.S. consumer credit reporting agencies agreed to make sweeping changes to correct errors and improve accuracy of reports as well as to increase protection for consumers with medical debt.
March 9 -
Weaker appreciation in the low end of the housing market, combined with higher costs to originate mortgages tied to new regulatory compliance obligations, make smaller loans less attractive for lenders.
March 4 -
Having the extra time for implementation has been helpful because mortgage companies were experiencing difficulties meeting the first deadline for the change in procedure, which affects government-insured reverse mortgages.
February 27 -
Mortgage interest rates increased for the third consecutive weak as strong housing data supported the market, according to Freddie Mac.
February 26 -
Ellie Mae's AllRegs unit has released a new version of its business information tool to help lenders and investors manage risk and identify market opportunities.
February 26 -
Real estate services provider Accurate Group has unveiled a new suite of products designed to facilitate title and lien clearance.
February 26 -
ClosingCorp, a resident real estate closing cost data and technology provider, has released Lumen Risk Management Suite, a group of services that help lenders manage the closing process.
February 25








