Mortgages

Loan brokers dominated purchase lending more than a decade ago when it last represented the majority of the U.S. mortgage market. Credit unions could take their place this time around.

Software solutions allow Realtors and brokers to track tasks at vacant and owner-occupied housing units to streamline the closing process.

The company said that Chris Simms and Steve Greiff will be co-presidents of the division.

Thomas H. Lee Partners owns 35% of each of Black Knight’s operating units.

Recent Consumer Financial Protection Bureau actions suggest the agency is poised to utilize the ambiguous Unfair Deceptive Acts and Practices standards to the fullest extent.

Borrowers have been generally in a rush to refinance during the holidays. This year, there has been no such impetus.

LoanDepot chairman and CEO Anthony Hsieh still relies heavily on automation, but finds more opportunity today in targeting multiple business lines within the nonbank mortgage market.

This year looks bad, and next year not much better. But the best mortgage salespeople can still make a lot of money.

Another one-third will think 6% will be the point where the market will turn.

Elected officers for the largest professional association of real estate appraisers began their office terms on Jan. 1.

The financial crisis brought with it an onset of unprecedented problems that now serve as the teaching lesson of our strict regulatory environment.

Buyers are rushing into the New York market after a jump in mortgage rates since May, heightening competition for properties at a time when supply is dwindling.

Office property delinquencies fell by over $1 billion, retail dropped by $7 million, multifamily declined by $256 million, industrial fell by $109 million, and lodging dropped by $13 million.

The company hires Michael Cannatti to recruit loan officers and build a statewide retail branch network.

The earnings from the growing share of new business on their books should cancel the losses from the legacy book.

Limited supply, waning affordability and the decline in investor purchases continue to constrain home buying activity in Clark County, Nev.

This type of single-family real estate investment recovered from a slight decline the prior month and rose nearly 2% in November, according to the Census Bureau.

The low-coupon mortgage servicing rights have a 70%-plus California concentration and a Colorado concentration just under 30%, according to MountainView Servicing Group.

New data indicate a lot of mortgage market share “could be slipping out of the fingers” of lenders who have been sluggish in digitizing their operations.

Lenders don’t have to reveal internal reviews of the property’s value.