Low inventory of homes for sale has made it a seller's market in many areas of the country - and as home prices [Read More]

Fay Servicing, which maximizes the value of residential loan portfolios for mortgage bankers and alternative real estate investors, is now a Freddie Mac-approved [Read More]

CMBA Secondary Market id1479

Ken Shepardson has been hired as the new vice president of finance/controller at Orange County, Calif.-based LRES, a national provider of commercial and [Read More]

Roger Blauvelt has been named senior vice president of WFG National Title Insurance Co., a Williston Financial Group company that provides title insurance [Read More]

CMBA Servicing id1480

The average gross profit on flipping a house increased to a new high of $72,450 in the first quarter - up from $65,290 [Read More]

SWBC id1517

Mortgage servicers offered approximately 154,000 non-foreclosure solutions for struggling homeowners in March, according to data from HOPE NOW, a voluntary, private-sector alliance of [Read More]

Associated Bank NA will pay approximately $200 million to resolve allegations brought by the U.S. Department of Housing and Urban Development (HUD) that [Read More]

Optimal Blue id1515

Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., reports that it has opened a new branch in [Read More]

Mortgage application volume decreased 1.6% on an adjusted basis during the week ended May 22, compared to the previous week, according to the [Read More]

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PERSON OF THE WEEK: Brian Lynch is founder and president of Advantage Systems, a provider of accounting software to the mortgage banking industry. MortgageOrb recently interviewed Lynch to learn more about how mortgage accounting software [Read More]

BLOG VIEW: It's crunch time for disclosure reform. Aug. 1, the deadline set by the Consumer Financial Protection Bureau (CFPB) for the new integrated disclosures, will be here in the blink of an eye. This [Read More]

BLOG VIEW: As the U.S. economy continues to heal from the effects of the Great Recession, consumers are turning their focus back to retirement in the hopes of living in comfort as they enter their [Read More]

PERSON OF THE WEEK: Charles Chacko is co-founder of OS National, a nationwide provider of title and settlement services delivered via a high-touch, boutique service model. The company served as the lead title agent on [Read More]

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