Mortgages

Zais Financial Corp. has closed on a $150 million committed financing facility which it will use to purchase whole residential loans.

Fitch Ratings said the nation’s title insurance underwriters strongly capitalized as of the end of 2012.

Industry-driven solutions based on some of the most pressing issues facing real estate valuation today are crucial to the mortgage marketplace today as it adopts to the post-crisis reality.

One loan driver is anecdotal evidence shared by a number of credit unions that are booking mortgages with low loan-to-value and short duration.

The next few months will see significant changes in the mortgage loan market and those changes will impact the credit unions that write those loans.

The Eleventh Federal Home Loan District Cost of Funds Index gained 0.3 basis points in April.

A federal jury in the Eastern District of California returned guilty verdicts today against two defendants who led a national foreclosure rescue scam.

Loan acquisitions rose 8% from March to $77.3 billion in April and commitments to purchase new loans rose 4% in April to $87.5 billion.

PulteGroup plans to relocate its corporate offices in suburban Detroit to Atlanta in 2014.

A Mortgage Grapevine poster who had been a loan officer has become a licensed notary.

REMN looks to meet the specific needs those institutions have when selling loans on a flow basis.

All but one Mortgage Industry Equity Composite stock closed lower on Friday as the market once again worried about the end of the stimulus might be coming soon.

Bankers advising the Federal Reserve this month said they expect the central bank’s record accommodation to last as long as three years, while warning that an interest-rate increase could slow the housing recovery.

While there is no shortage of technology available today, partnering with the wrong solution provider could spell disaster for an institution, and potentially jeopardize future business processes.

The New York Department of Financial Services alleged the force-placed insurers competed for business from banks and mortgage servicers by offering them a share of the profits, instead of lower prices.

Old Republic Title and the regional underwriters as a group continued to grab market share away from the other three national underwriters.

Citibank has opened its first smart banking technology flagship branch on the West Coast in the Westwood section of Los Angeles.

April was the best month of 2013 so far and the best month since last October in terms of new insurance written for the members of the Mortgage Insurance Cos. of America.