Mortgages

Late additions and data gathering issues have added a few names to our list.

A fake Twitter message saying a bomb went off at the White House only briefly derailed a rally on Tuesday.

MortgageKeeper Referral Services has added resources to aid homeowners in case of natural disaster.

The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter.

Increasing home values will have only a limited benefit for residential mortgage-backed securities loss severities.

The Federal Housing Finance Agency has made “some strides” in reducing cross-servicer barriers to Home Affordable Refinance Program refinancings, but more needs to be done.

A Mortgage Grapevine poster is seeking a commercial stated-income loan to purchase apartments and rehabilitate them.

Regions Financial Corp. said first-quarter profit rose 68%, beating analyst estimates as the lender cuts costs and reduced provisions for loan losses.

With federal and state regulation changes being made at the "speed of light" within the mortgage industry, compliance is the main concern for servicers.

Discover Financial Services originated nearly $1 billion in direct mortgages during the first quarter of 2013.

A Maryland mortgage broker has entered a guilty plea in two separate fraud schemes.

Wells Fargo is expanding its home-lending headquarters in Iowa as it plans for growth even while the industry predicts a slowing market.

Lender Processing Services said that the mortgage loan delinquency rate at the end of March is 6.59%, a 3.13% decline from February and a 3.03% decline from March 2012.

New home sales rose 1.5% in March after a 7.6% decline in the prior month.

PennyMac Mortgage Investment Trust earned $53 million in 1Q13, compared with $49 million in 4Q12 and $19 million in 1Q12.

Bank of Hawaii reported lower 1Q13 earnings in part because of reduced mortgage income and the company’s stock price declined 3.18% on Monday.

The $52 million decline in warehouse loans, which Sierra also attributed to the reduction in refinance activity, equaled the decline in Sierra’s total assets.

The California Association of Realtors reported that the share of REO and short sales fell to 29% of sales in March from 33% in February.

Single-family home sales in Florida increased 9% in March over the same month last year while pending sales increased 23%.

Five Ten Capital closed a $100 million financing facility with Deutsche Bank that is backed by mortgages on rental homes.