Mortgages

Some mortgage market players look at the new rules coming out of Dodd-Frank as one huge pain in the neck.

Langley FCU has signed with Mortgage Cadence to implement the company’s Symphony platform to support the credit union’s rapidly expanding mortgage program.

A New Jersey investor has pledged $8million to develop a prominent site in Harlem.

The stock market pulled back on Friday and the turn was felt in the Mortgage Industry Equity Composite.

Approach your task of originating mortgage loans much the same way as an athlete approaches his or hers.

Lender-placed insurance use continues as loan performance improves a bit, the market evolves and the coverage continues to weather compliance challenges.

Lance Capital has closed a 20-year transaction regarding The BankNote Building in the Bronx.

Canadian existing home sales fell in February from the previous month on drops in Vancouver and Toronto.

Mortgage Grapevine regular Sfranny lives near a property which has been vacant for 19 months.

The Consumer Financial Protection Bureau appears to be moving towards finalizing a restrictive points and fees cap under the qualified mortgage rule.

A distressed $410 million loan on One & Two Prudential Plaza is facing an appraisal-related downgrade that implies additional losses.

A joint survey conducted by the Department of Housing and Urban Development and Census Bureau found that approximately 20% of American households live in multifamily rental buildings.

Redfin said Phoenix had 540 of what it has defined as flash sales, a home going into contract 24 hours or less after listing.

California new and existing home and condominium sales in February declined 0.5% from January and fell 3.1% when compared with February 2012.

Fannie Mae priced its third multifamily DUS REMIC for 2013, a $904.3 million deal that is the first of its kind to include 10-year pools with seven years of yield maintenance.

Rates and eligibility information for Mortgage Guaranty Insurance Corp.’s private mortgage insurance products are now available via LoanSifter.

New loan officer compensation laws that exclude payments to originators of 10 or fewer loans over a 12 month period are causing some confusion.

Foreclosure protesters interrupted Wells Fargo CEO John Stumpf at a banking conference.

Paul Tomko has chutzpah for committing mortgage fraud while working as an FBI informant.

Housing experts are warning legislators about the unintended consequences of a narrow qualified residential mortgage definition.