Mortgages

We're hearing from New York, known as the Empire State.

However, disappointed investors dump PHH after the company releases 2Q results.

Analysts expect securitized commercial mortgage loans will be strong enough to shoulder interest rate increases at refinance when they come due in 2022 and 2023.

The total balance of first-mortgage loans 90 days past due or in foreclosure was $325 billion in June.

HomeStreet is hoping two recent deals will help make the "home" part of its name a little less important.

Ocwen is close to reaching a settlement with federal regulators and it appears the giant servicer will agree to make cash payments to borrowers who were harmed during the foreclosure process.

The USDA is warning originators not to close loans with higher loan amounts or interest rates than noted on the conditional commitment.

Freddie Mac’s latest primarily market survey shows the average rate for a 30-year mortgage has reversed course after a decline the previous week.

PHH Corp.’s second-quarter origination volume and servicing revenue, when adjusted for an extraordinary item and higher rates, came in within some expectations.

A poster on the Mortgage Grapevine is soliciting opinions about starting a third-party mortgage processing business.

The number of Americans who prefer to rent a home has declined as Americans would rather own now than in past years, according to the National Association of Realtors.

Although the world is full of tools to search out information, how do you really determine if a company is reputable or not?

Walter Investment Management Group has entered into a strategic relationship with UFG Holdings to expand its reverse mortgage servicing business.

The majority of them were up on the day even though the Dow was down 0.14%.

D.R. Horton said the notes will pay interest semi-annually at a rate of 5.75% per year until maturity.

BOK Financial’s mortgage production increased by $27 million in the second quarter, but mortgage banking revenue was down.

Bank of America Merrill Lynch’s financing and equity commitments through community development banking rose significantly through the first half of 2013 than the same time period last year.

Genworth’s U.S. mortgage insurance business recorded a profit for the second quarter in a row, as it earned $13 million in 2Q13.

An analyst comments that the Fed is letting rates rise to get people off the fence.