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A.M. Best cites the improved capitalization and operating results for Stewart Title Group.
May 24 -
The Consumer Financial Protection Bureau believes the final qualified mortgage rule wont impinge on 90% of loans of being originated today, but lenders don't.
May 24 -
The Federal Housing Administrations total delinquency rate has dropped by over 300 basis points since December 2011 to 14.68% as of April 30.
May 24 -
Carrington Real Estate Services has launched a mobile online resource center that is designed to save real estate agents time.
May 24 -
Freddie Mac purchases of mortgage loans and securities fell 9% from March to $47.3 billion in April.
May 24 -
Title insurer Fidelity National Financial is in talks to buy 80% of LPS in a $2.9 billion deal that values the target at $33 a share.
May 24 -
Fidelity National Financial dominates mortgage underwriting. Its former LPS unit is the top mortgage servicer. The question is whether by reuniting two companies that have run out of room to grow separately can prosper together.
May 23 -
JPMorgan has another prime jumbo mortgage-backed securities deal in the pipeline, according to three companies presale ratings reports.
May 23 -
Lender Processing Services has had a turbulent couple of years since the beginning of the robo-signing scandal from 2010 to the present day that included lawsuits, a consent order and several settlements of charges. The robo-signing allegations involved an LPS unit that allegedly created bogus mortgage assignments so that foreclosures may be processed more quickly and efficiently.
May 23 -
Home prices jumped 1.3% from February to March as the spring home buying season got off to a good start.
May 23







