Mortgages

Residential loan applications rose almost 3% on a sequential basis for the week ending September 21 with mortgage rates of all types once again reaching new lows.

New Penn Financial, a fast-growing lender with ties to MBS co-inventor Lew Ranieri, hired Brian Simon as its new chief operating officer.

Wouldn’t it be great to have a fail-proof guide on how to avoid mortgage buybacks?

Banks and service providers have stepped up their communication efforts in order to “bridge the gap” that currently exists during loss mitigation.

The government insurance program so far is seeing a decline in market share, as planned.

TenantAccess and PropertyAccess have joined FirstService Residential Realty and will operate using the latter’s name.

Information your referral partners can pass on to home sellers.

It’s been almost nine months since insurance conglomerate MetLife pulled the plug on its mortgage banking operation with the company offering little in the way of insight about its residential servicing portfolio.

The state of New York announced plans to award $20 million from the national mortgage settlement to more than 90 legal services organizations and housing counseling agencies around the state.

Richard D. Baum has been elected as chairman of Redwood Trust Inc.

A quiet boom is underway in mortgage employment.

The Federal Reserve’s third quantitative easing program has made more progress lowering rates than some expected, but it is not at a point where it will spur refinancing notably.

The four branches of Alpine Mortgage have joined Inlanta Mortgage, as the latter company looks to expand into New England.

Risk management technology and services providers believe data accrual and analytics can help lenders get a heads-up before a mortgage boom turns into a mountain of bad loans.

Former JPMorgan Chase mortgage executive Steven Rotella lands at mortgage servicer Vericrest in an advisory role.

Home prices increased 1.2% in July, compared to the same month last year, but tight mortgage underwriting standards continue to be a main concern.

The Housing and Economic Recovery Act of 2008 requires investors to promote diversity to the extent possible, which includes field service companies.

PennyMac Mortgage Investment Trust has agreed to buy $452 million of nonperforming whole loans from undisclosed sellers.

An NFL Team's response to a tweet puts it deeper in the dog house, as the story spreads even further.

Net income for the three months ended Aug. 31 rose to $87.1 million, or 40 cents a share, from $20.7 million, or 11 cents, a year earlier.