Mortgages

The happiest professionals in all of mortgage banking today may very well be warehouse lending managers.

RealtyTrac said nearly 100,000 properties have been flipped nationwide in the first half of 2012.

Greenfield Partners started a business providing European commercial real estate loan servicing in partnership with Raith Capital Partners.

Fannie Mae’s $22.3 billion in year-to-date multifamily issuance through the third quarter suggests 2012’s total will easily top 2011’s.

The Financial Crimes Enforcement Network said that through June, financial institutions filed 2,360 foreclosure rescue related suspicious activity reports.

H&R Block may abandon its status as a savings and loan holding company as a result of impending new capital rules.

Mortgage applications fell in the latest weekly reading with refinancings continuing to dominate the consumer landscape.

United Community Financial in Youngstown, Ohio, has reduced its classified assets nearly in half through a bulk sale.

The Justice Department's FHA-related lawsuit against Wells Fargo could cost the bank $750 million, pretax.

Liz Greenwood, the National Foundation for Credit Counseling 2012 Outstanding Counselor of the Year says it is an honor to help.

An efficient payments process management is key for lenders and servicers who are constantly looking for better and improved ways to deal with mortgage loan data processing.

The U.S. charged 530 people with targeting homeowners in mortgage schemes that cost the victims more than $1 billion, Attorney General Eric Holder said today.

I’m not going to give out the names of the lenders, vendors and servicers that have won our annual Mortgage Technology Awards after all.

If Joseph Campanelli's job at Flagstar Bancorp was to keep the company alive, Michael Tierney's task is to make it thrive.

HAMP servicers approved 16,500 loan modifications in August, but only 5,070 of those involved principal reductions, according to the latest Home Affordable Modification Program report from the Treasury Department.

Residential shadow inventory continued to shrink in July compared to a year ago, CoreLogic said in its latest data report.

The latest entrant to the (now) lucrative warehouse business is a company called Fortis Capital, which is pitching its services to residential loan brokerage firms that are seeking to transition to mortgage bankers.

Former Kondaur CEO Jon Daurio is out in the market trying to raise money for a new nonconforming lender.

Citywide Mortgage is opening a regional sales center in Orange County, Calif., and seeks residential loan officers and others.

The syndication of warehouse lines of credit may be staging a mini-revival.