Mortgages

The crisis in mortgage lending and the anger that followed the robo-signing scandal has become a crisis of paper.

Some friends and I recently decided to do a "staycation" in Scottsdale, Ariz. The experience was horrendous, but they taught me several valuable lessons about our industry.

After some big banks backed out of a low-income housing project in Tuscaloosa, Ala., a credit union has stepped in to help struggling first-time homeowners achieve their dreams.

CMBS loans that are at least 30 or more days late in payment or in foreclosure jumped 12 basis points month-over-month to 10.16%, surpassing the previous record-high in May.

House prices rose 1.8% in May as the CoreLogic house price index registered its third consecutive monthly increase this spring, and its new pending HPI is indicating that prices will rise another 1.4% from May to June.

EverBank Financial Corp. is buying Business Property Lending Inc. from GE Capital Real Estate North America for $2.51 billion cash.

First Guaranty Mortgage Corp. has begun rolling out 203k home rehabilitation loans to National Association of Real Estate Brokers working with clients in urban communities that have been impacted by the ongoing mortgage crisis.

For those lenders who decide not to pay the penalty under the new healthcare law, and instead provide insurance there are certain practical realities to consider.

CoreLogic released numbers showing there were 63,000 completed foreclosures in May, compared to 77,000 finished foreclosures during the same time period last year.

The nomination deadline for the 2012 Mortgage Technology Awards has been extended until 12 p.m. EDT Tuesday, July 10.

Fannie Mae’s mortgage purchases rebounded 30% in May after acquisitions plummeted 45% in April, while Freddie Mac released numbers showing a similar rebound in mortgage purchases for May.

David H. Stevens, the president and chief executive of the Mortgage Bankers Association, will remain at the trade group rather than departing to run SunTrust Mortgage, as he announced plans to do a month ago.

In an effort to elevate tourism as an economic tool, Virginia has named the first project to benefit from its new tourism-related financing program.

Congress has passed a five-year extension of the National Flood Insurance Program along with substantial reforms that will raise premiums to improve the financial condition of the program.

The appraisal independence requirements within the Dodd-Frank Act go a long way to shedding more light onto an issue that needs to be solved, but it doesn’t go quite far enough.

This article is the first of a series of articles on how you can develop a warrior mindset to overcome obstacles and challenges in your business. And it all begins with your mindsets, or your habits of thinking.

The Mortgage Bankers Association reported that the average profit per loan originated in the first quarter was $1,654, up from $1,093 in the fourth quarter.

The stock market soared upwards on Friday morning and that rising tide also brought up many stocks associated with the mortgage industry.

The members of the Mortgage Insurance Cos. of America wrote $8.7 billion in primary new insurance during May, compared with $7.1 billion in April and $3.9 billion for May 2011.

An independent government watchdog has a sharp message for the federal agency that must decide whether to allow principal reductions on hundreds of thousands of government-backed mortgages: Time's wasting.