Mortgages

How not to ask for customer feedback.

Social media expert says there is a trust hierarchy of marketing.

The hurricane will slow secondary market access as lenders wrap up their last mortgage deals of the month.

CoreLogic estimates that nearly 284,000 Mid-Atlantic homes valued at roughly $87 billion are at risk of property damage from Hurricane Sandy based on its projected path.

The Consumer Financial Protection Bureau is slated to issue final rules in January that define a qualified mortgage, establish new standards for servicers, and merge the RESPA and TILA disclosures.

Dale Palmer admitted that his business experienced serious cash flow problems and he was “very poor” at managing his cash flow issue.

Hurricane Sandy, which is bearing down on the Mid-Atlantic all the way up to New England, is expected to delay thousands of mortgage closings on Monday and Tuesday at the very least, according to industry officials.

FCI is the nation’s largest specialty servicer of private money loans, much of it backed by real estate.

When the winning bid for Residential Capital Corp. was unveiled, there was palatable fear among ResCap’s servicing employees that their jobs might be at stake because Ocwen is well known for housing most of its servicing workers in India and Ecuador.

More depositories -- especially community banks -- are opting to sell their 10- and 15-year mortgages rather than keeping them in portfolio.

In fiscal year 2012 mortgage bankers funded $119 billion of VA-backed loans, up from $75 billion in FY 2011.

Regulatory guidance that requires banks to write down the value of mortgages to collateral value in cases where the borrower has been through bankruptcy was a factor in the TCF's earnings.

Consumer credit defaults reached new lows in September that were last seen prior to the recession, according to data released by S&P Dow Jones and Experian.

It appears that Bank of America is cranking up the MSR selling machine. Big time.

Tight might be the most overused word in today’s mortgage business. Originators, already facing restrictive underwriting criteria, are reportedly facing even more restrictive guidelines in anticipation of new regulatory definitions.

The fourth step in the MDMP decisioning model.

Even though it still has some regulatory hurdles to clear, interest in jumbo lending has bumped up a notch.

Now that Residential Capital Corp. has auctioned off its $374 billion of servicing contracts, it’s Ally Bank’s turn to unload its MSRs.

One thing we learned from the crash of 2008: American businesses, when they so choose, can lay off workers at warp speed.

ViewPoint Financial Group earned $11.3 million in 3Q12, up 120% over the same period last year.