Mortgages

BNY Mellon Wealth Management is rolling out a two-year recruiting campaign that aims to double its wealth management sales force.

In the past two weeks I have written about how critical it is for mortgage companies to have an effective customer satisfaction measurement program.

Deirdre Daly, acting U.S. attorney for the District of Connecticut, said Daniel Monterio waived his right to indictment and pleaded guilty to one count of conspiracy to commit bank fraud, wire fraud and money laundering

Stonegate Mortgage has sold $115 million of its common stock in a private offering, with the initial purchaser being FBR Capital Markets.

Recent decreases in first-mortgage default rates are contributing to continuous improvements in the financial condition of most U.S. consumers.

Mortgage lenders are still nervous about put-back risk and unresolved regulatory issues, which is holding back the lending and the housing recovery.

Year-over-year Illinois home sales increased 25.3% in April marking the best spring performance since 2007.

Toll Brothers reported fiscal second-quarter earnings that beat analyst estimates as demand jumped and orders reached the highest level in seven years.

More than 3.1 million housing units are delinquent but not in foreclosure.

Sales of previously owned homes edged up 0.6% in April from the month prior and there was a noticeable increase in homes coming on the market.

An 11 basis point rise in rates for the 30-year conforming fixed-rate loan has resulted in a 9.8% decrease in mortgage application volume on a seasonally adjusted basis for the week ended May 17.

Residential Finance Corp. is offering the “Foreign National Loan Program” designed to meet the special needs of foreign-born buyers.

During the last decade, process serving has become more of a science than a paper delivery service.

A federal judge has revived a lawsuit that charges JPMorgan Chase with misrepresenting the quality of loans that backed securities sold to a Belgian bank.

While the Federal Reserve will not scale back or exit its bond purchase program, the Mortgage Industry Equity Composite saw just seven stocks close higher and 10 lower on Tuesday.

Both Freddie Mac and Fannie Mae are providing relief policies for borrowers who have been affected by the devastating tornado that struck Oklahoma and other nearby states.

Accurity Valuation has adopted new software that allows the company to organize and streamline the production and distribution of its appraisal reports.

The five banks that are part of the national mortgage settlement have now provided more than $50 billion in benefits to consumers.

Everybody’s origination business should get a checkup.

Financial Funding, a New York-based commercial mortgage lender, has acquired Amerifunding, a New Jersey commercial lender.