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The plan is to bring it back to life to get it off the balance sheet.
October 24 -
The 14th Annual Mortgage Technology Awards Ceremony will be held at 7:30 p.m. EDT, Sunday, Oct. 27 at the Renaissance Washington, D.C. Downtown Hotel. RSVP online and share the spotlight with the industrys leading innovators.
October 24 -
Speculation that the Federal Reserve will maintain the status quo for its mortgage-backed securities and Treasury bond purchases put downward pressure on rates.
October 24 -
Purchases by non-owner-occupants are now at 14% of the home sales market.
October 24 -
The housing market continues to favor investors who are buying distressed and nondistressed assets with cash.
October 24 -
Are you being proactive and doing the things needed to keep your partners happy by preparing their clients for home ownership?
October 24 -
Congressional opposition to lowering the limits may be responsible for the delay.
October 23 -
Over the past two years several ratings agencies have analyzed potential challenges and risks to rental securitizations.
October 23 -
A New York State examination showed the lender charged homeowners upfront discount fees in exchange for lower interest rates, but failed to give the borrowers the promised discounts.
October 23 -
Other gains at the company offset a 39% year-over-year decline in mortgage banking revenue to $65 million.
October 23 -
The company was found guilty by a federal jury in a trial about loans sold to Fannie Mae and Freddie Mac.
October 23 -
The state has the power to do this, but it hasnt done so yet.
October 23 -
Sometimes the most innocent comment in a blog ends up turning into a partisan response.
October 23
STRATMOR Group -
The bank expects a 10% drop in fourth-quarter originations.
October 23 -
The Salt Lake City company has long lagged in mortgages, and now is the time to get more aggressive as big rivals pull back and small competitors struggle with qualified-mortgage rules, CEO Harris Simmons says.
October 23 -
House appreciation slowed in the Pacific states even though price increases could top 20% this year.
October 23 -
Volume in the near future will benefit from the end of the shutdown and a further delay for the start of the taper.
October 23 -
The number of active mortgages in foreclosure continues to fall as of month-end September, but the delinquency rate increased.
October 23 -

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The new originations lenders sell to the secondary market are tougher to come by, and data show minority communities and immigrant communities are underserved. So why arent investors more interested in products like foreign-national loans?
October 22
National Mortgage News




