Mortgage Industry Sees Uptick In Hiring
In yet another sign that the economy is gradually improving, the mortgage industry saw a net gain of 5,129 jobs in the first...
Nationstar Mortgage Completes Acquisition Of Greenlight Financial Services
Nationstar Mortgage LLC, a subsidiary of Nationstar Mortgage Holdings Inc., has completed its acquisition of the origination platform and unfunded loan pipeline of...
More Than 4.2 Million Homes At Risk Of Storm Surge On Atlantic, Gulf Coasts
As a result of preliminary revisions to the Federal Emergency Management Agency's coastal flood maps, there are now more than 4.2 million homes...
Lloyds Auctions Off $8.7B In U.S. Mortgage Bonds
Four investment banks have reportedly bought $8.7 billion in U.S. residential mortgage-backed securities (RMBS) that were auctioned by Lloyds TSB on Thursday. News...
U.S. Bank Can Proceed With Claim Against BofA, Judge Rules
A New York State Supreme Court judge has reportedly ruled that a lawsuit brought against Bank of America by U.S. Bank, a unit...
Home Prices Return To 2003 Levels, According To S&P/Case-Shiller Index
U.S. house prices rose 10.2% from March 2012 to March 2013, the largest year-over-year increase in close to seven years, according to the...
Citigroup Settles FHFA Lawsuit
Citigroup Inc. has reportedly settled a lawsuit brought by the Federal Housing Finance Agency (FHFA) for allegedly misleading government-sponsored enterprises Fannie Mae and...
StreetLinks To Launch AppraiserPlus Program
StreetLinks Lender Solutions plans to launch a new program that will allow appraisers to work more efficiently by removing the traditional hurdles of...
Freddie Mac’s Mortgage Portfolio Increases 0.6 Percent In April
Freddie Mac reports that its mortgage portfolio increased at an annualized rate of 0.6% in April. In its Monthly Volume Summary, the GSE...
Lloyds To Sell $8.7 Billion In Mortgage Bonds
In an effort to raise capital by selling non-core assets, Lloyds Banking Group is reportedly looking to auction about $8.7 billion of U.S....
Fidelity National Financial To Buy Lender Processing Services For $2.9B
In a classic example of a parent company cannibalizing its offspring, Fidelity National Financial Inc. (FNF), the largest provider of commercial and residential...
Nearly A Quarter Of Americans Have Credit Report Problems
Of all the obstacles to re-energizing the stagnant U.S. residential housing market, perhaps none are harder to overcome than the high prevalence of...
Home Prices Up 1.9% In First Quarter
Following an announcement from the U.S. Census Department and Department of Housing and Urban Development that new home sales had jumped 2.3% in...
Kroll Factual Data Products Added To Mortgage Builder Software
Kroll Factual Data Inc., a provider of risk mitigation and independent verification services to the mortgage industry, and Mortgage Builder Software Inc., a...
LoanSifter Now Integrated With Fannie Mae Desktop Underwriter
Mortgage bankers and loan officers using LoanSifter's product eligibility and pricing solutions now have seamless access to Fannie Mae's Desktop Underwriter from within...
Mortgage Applications Dip As Interest Rates Climb
Due to rising interest rates, applications for home mortgages dipped for a second week in a row last week, according to the Mortgage...
When It Comes To Debt, Women Are Smarter
New research from Experian shows that when it comes to managing money and debt, women are superior to men. According to the firm's...
HUD, Fannie And Freddie Offering Mortgage Relief To Tornado Victims
The U.S. Department of Housing and Urban Development (HUD) has granted a 90-day moratorium on foreclosures and forbearance on foreclosures of Federal Housing...
Stonegate Mortgage Looking To Go Nationwide
Stonegate Mortgage Corp., a specialty financial services firm focused on the U.S. residential mortgage market, has raised $115 million in a private offering...
New Home Sales Rise 2.3% In April
Despite rising interest rates and a shortage of available stock, seasonally adjusted sales of new single-family homes inched up in April. About 454,000...