Mortgages

A Mortgage Grapevine is unhappy with the quality of work as of late from both appraisers and appraisal management companies.

When disaster strikes, how ready are you, personally and professionally?

Veterans United, which serves active and retired members of the military, financed roughly $3.3 billion in loans last year.

Court delays and subsequent foreclosure proceeding backlogs, often referred to as the “shadow docket,” have become a major burden on both homeowners and the judicial system.

Retail single-family originations by FDIC-insured institutions held fairly steady in the first quarter compared to the prior quarter, but loan buybacks more than doubled in the first quarter.

Fitch said PHH has more-than-sufficient cushion to meet upcoming debt maturities in 2014 and 2016.

The estimated price of whole loans backing commercial mortgage-backed securities rose 60 basis points between the end of April and the end of March.

Independent mortgage banks seeking to expand their servicing portfolios may find a new source of funding and private equity capital through Steadfast Capital.

With this acquisition, Wingspan expands the size of its company to approximately 2,000 employees.

With house prices climbing at the fastest pace in seven years and investors swamping the rental market, one hedge fund manager says it no longer makes sense to be a buyer.

For the week ended May 24, overall application volume fell 8.8% from the prior week on a seasonally adjusted basis.

In April, CoreLogic said 52,000 foreclosures were completed nationwide, down 10,000, or 16%, from a year ago.

The Federal Housing Administration took a 74% loss in the first major test of its expanded distressed note sale program last September.

Kroll Bond Rating Agency has released a presale report on a $1.4 billion commercial mortgage-backed securities deal in which some large split loans are or will be shared with other securitizations.

The 30-year fixed mortgage rate, according to Zillow mortgage marketplace, is currently 3.71%.

Prudential Mortgage Capital is the lender on a Manhattan apartment building deal.

New York Mortgage Trust plans to make a public offering of shares of its Series B cumulative redeemable preferred stock on the Nasdaq capital market.

LPS rises above the acquisition price and Fannie Mae closes above $4 per share.

The back of your business card is valuable marketing real estate, several sales training experts have noted over the years.

It is going to take an all-out effort by lenders to implement the new mortgage rules by next January.