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Rating actions taken by Moody's Investors Service on tranches issued by RASC in 2005 and valued at $1 billion in vintage loans indicate overall improvement in performance.
March 6 -
A loan officer posted a scenario on the Mortgage Grapevine looking for a hard-money loan to refinance a single-family home.
March 6 -
Popular Inc. is selling a portfolio that has an unpaid principal balance on loans and appraised value of other REO of more than $1 million, while the book value is $568 million.
March 6 -
Distressed asset management and loss mitigation services provider Green River Capital LLC has launched a surveillance division to address credit risks surrounding the rapidly expanding REO-to-rental market.
March 6 -
Assumable loans are offered by the Federal Housing Administration and can be a difference maker for your business.
March 6
Residential Finance Corp. -
Rep. Patrick McHenry was surprised to hear that the director of the Consumer Financial Protection Bureau would be advising credit unions to make non-QM loans.
March 6 -
Fannie Mae’s Servicer Total Achievement and Rewards program gave servicers a passing grade for improvements in the delivery of home retention solutions in 2012.
March 6 -
SunTrust is looking forward to a housing recovery bolstering its fortunes.
March 6 -
We're hearing you can connect the dots between any two things in the universe, like the mortgage business and Hollywood.
March 6
STRATMOR Group -
American International Group is entering the residential whole loan purchase business through a new business unit, Connective Mortgage Advisory Co.
March 6 -
Increased demand from foreigners buying residential properties in the United States is catching the attention of some mortgage lenders.
March 6 -
Mortgage application volume increased 14.8% on a seasonally adjusted basis for the week ended March 1.
March 6 -
The Federal Housing Administration is selling nearly 12,500 nonpreforming loans totaling $2.23 billion on March 20.
March 5 -
The best two performing stocks in the Mortgage Industry Equity Composite on Tuesday were once again mortgage insurance industry competitors MGIC Investment Corp. and the Radian Group.
March 5 -
A New York loan broker was indicted for conspiring to defraud 350 financially capable customers of $1.2 million.
March 5 -
The Federal Housing Finance Agency’s latest plan for a single mortgage-backed securities platform will not have any short- or medium-term effects on government-sponsored enterprise securities.
March 5 -
These laws will force our industry to get a backbone and ask the tough questions, and not assume our kids can do no wrong.
March 5
Mortgage Network -
Massachusetts foreclosure activity fell dramatically through January due to double-digit decreases in both starts and completed foreclosures.
March 5 -
Mark Cohen, with volume of $503 million has moved into the top spot with just days left to report production volume.
March 5 -
RonnieMTG25 commented on the Mortgage Grapevine that he read an email where the average age of a New Jersey loan officer is in the mid-50s.
March 5







