Mortgages

Mortgage Grapevine poster Loan Writer has the opportunity for a one-on-one conversation with a Fannie Mae vice president who is in charge of residential underwriting guidelines.

All 17 members of the Mortgage Industry Equity Composite lost ground on Wednesday, the second time in three trading days.

Global Tower Partners is readying a $245 million commercial mortgage-backed securitization of cell towers.

Federal Reserve Gov. Elizabeth Duke said the U.S. economy is strengthening as credit conditions improve in most areas except the mortgage market.

The Federal Reserve said the U.S. economic expansion remained “moderate” amid gains in manufacturing, housing and autos that offset weakness in defense-related industries in some regions.

At the end of the first quarter, Horizon had $143.6 million of mortgage warehouse loans on its balance sheet.

Salem Five and Salem, Mass., are establishing a fund for the family of Bill Richard, whose eight-year-old son, Martin, was killed in the Boston Marathon bombing.

Xerox has restructured its signature lending platform to facilitate data exchanges between lenders, servicers, investors and third parties.

From smartphones and tablets to social networking, technology infiltrated the way we live so immensely it is hard to imagine not having them constantly at our fingertips.

It would almost seem reasonable for large banks to first extend the Home Affordable Refinance Program to those most at-risk, but many still need help.

Housing and Urban Development secretary Shaun Donovan is pressing House and Senate Banking leaders for the authority to regulate FHA’s reverse mortgage program through the issuance of mortgagee letters.

The residential mortgage banking segment at PNC Financial Services Group reported income of $45 million in the first quarter.

A real estate investor has entered a guilty plea related to his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.

Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012.

Zacks pointed out that Flagstar not only is a survivor, it remains a strong player in the mortgage space.

Regulatory change is taking increasingly bigger bites out of community bank lenders' bottom lines.

The Federal Reserve Board said that the independent consultant overseeing payments to millions of consumers as part of its mortgage settlement had fixed problems that had caused troubled borrowers' checks to bounce.

For the second consecutive week, refis are driving the increase in application volume, this time up 4.8% on a seasonally adjusted basis for the week ended April 12.

Bank of America originated nearly $24 billion in single-family loans in the first quarter through its retail channel.

The more regulators look into borrower complaints as an indicator of servicing quality, the more servicers are bound to expand borrower-related datasets and behavioral analytics to minimize loan default risk.