Technology
Technology
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M&T Bank is on a residential production tear with its pipeline of new loans overflowing.
October 18 -
Salataris has hired Doug Danko as a managing partner.
October 17 -
FA Business Services will be demonstrating QC@Closing at its trade show booth during the Mortgage Bankers Association annual.
October 17 -
September marks the eighth consecutive month where home prices improved on a year-over-year basis.
October 17 -
In building its first nonconforming MBS, Shellpoint will welcome mortgages facilitated by loan brokers and correspondents.
October 17 -
Lender Processing Services has reached a settlement with the Delaware attorney general related to the state’s investigation of robo-signing practices by the company’s subsidiary DocX.
October 17 -
Single-family construction had its best month in four years and builders are feeling optimistic about their prospects, despite tight mortgage credit.
October 17 -
Fannie Mae/Freddie Mac servicers refinanced 26,950 mortgages with loan-to-value ratios above 125% in August, compared to 26,650 in July.
October 17 -
Bank of America lost money on mortgage banking in the third quarter but only because of charges tied to its legacy business.
October 17 -
Davis + Henderson Corp. named former board member William Neville as president of D+H USA and head of the company’s U.S.-based Mortgagebot operation.
October 16 -
PNC Financial Services Group said earnings from its mortgage banking business rebounded in the third quarter due to higher single-family originations and much lower provisioning for mortgage repurchase demands.
October 16 -
Mortgages backed by the Veterans Administration are on a tear.
October 16 -
Citigroup reported net servicing and gain-on-sale revenue of $684 million in the third quarter—more than triple what it did a year ago.
October 15 -
No one imagined we would have so much government intervention or that losses and foreclosures would hit such unbelievably high levels.
October 15 -
Thanks to the revised FHA Streamline program, GNMA issuance increased 11% in fiscal year 2012.
October 15 -
Historically, software integrations between companies has only been available to larger lenders due to the high costs of development and implementing integration solutions.
October 13 -
When subprime lending "comes back" it will be totally differentand out of the past.
October 12 -
Small and midsized mortgage bankers are pairing up to be able to offer clients more services.
October 12 -
Business Solutions, the purchasing arm of the American Bankers Association, has renewed an agreement with Interthinx.
October 12 -
An overall slowdown in distressed sales bodes well for home prices holding their own this winter, according to a new report from Amherst Securities Group.
October 12



