Service 1st Valuation and Settlement Services Inc. has recently joined the Ellie Mae Network....Read More
During a sustainability forum at Portland State University and a speech to the New Partners for Smart Growth Conference in Seattle, U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan has announced the launch of HUD’s new Office of Sustainable Housing and...Read More
The Federal Trade Commission (FTC) moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge upfront for these services. Instead, companies could only collect payment...Read More
The Securities and Exchange Commission (SEC) has charged Boston-based State Street Bank and Trust Company with misleading its investors about their exposure to sub-prime investments while selectively disclosing more complete information to specific investors. State Street has agreed to...Read More
Charlotte’s new-home industry continues to struggle because of several factors, including a weak economy, a poor job market, foreclosures, fears of declining home values and tight credit conditions, said Bill Miley, Metrostudy’s Charlotte market manager. “While it is...Read More
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.7 point for the week ending Feb. 4, 2010, up from last week when it averaged 4.98 percent. Last year at this...Read More
Never has it been more important for underwriters and brokers to assess and understand the reliability of the loan data they rely upon. Such a large portion of underwriting is essentially about turning provided data into decisionable loan information. “Bad” or more likely “...Read More
► On Feb. 3rd the Mortgage News Daily posted a blog by "The Voice of Housing: Reverse Mortgages: Friend or Foe? Definitely Friend" … to get those of you who dismiss the reverse mortgage program as too risky for the FHA and taking advantage of the elderly, to get a...Read More
I have thought about the many seminars and classes we take from people who have information and advice for our careers and lives. After thinking about the many directions I could take, I have decided that I want to be a part of the “Be” group. I have listed a few key concepts we are...Read More
December has been a very busy month with the legislative and regulatory issues that we had to address. We had to comment on the Federal Reserve Bank proposed change, the Federal Housing Administration’s (FHA’s) proposed change to allow mortgage brokers to originate loans when...Read More
There are all types of direct relationships: Personal-business-client-lender-etc., in the lending world. But, there are also relationships built within a larger framework of our industry and beyond the scope of your daily connections. Let’s consider the relationship between the residential...Read More
Atlanta-based Morris|Hardwick|Schneider, one of the largest real estate closing law firms in the country, have announced that Natalie Hardwick, Jeffrey Sandler and Cristina Hunt have been promoted to partner. "Maintaining our firm's leadership position in real...Read More
Service 1st Valuation and Settlement Services Inc. has recently joined the Ellie Mae Network. Connectivity to the network is integrated in Ellie Mae's Encompass360 mortgage management software, which is used by mortgage bankers, mortgage brokers, community banks, credit unions and national and...Read More
PriceMyLoan (PML) has announced that they have completed their interface with the Federal Housing Administration's (FHA) TOTAL Mortgage Scorecard loan approval platform. Lenders using PriceMyLoan's automated underwriting and pricing engine now have direct access to FHA eligibility and credit...Read More
Allonhill, an independent third-party review firm specializing in mortgage due diligence and credit risk management, have announced the formal release of a complete securitization solution for issuers and underwriters of residential mortgage-backed securities (RMBS). The new approach to...Read More
Wells Fargo Funding has announced final authorization for use of Docu Prep’s EESS...Read More
RealtyTrac, an online marketplace for foreclosure properties, today released its U.S....Read More
WARNING: You are an unregistered user. For free registration, including access to all content, ability to post comments, submit blog entries and even create a public profile and be included in directory listings (if you choose to), click here.
Click here to view a list of active Wholesale Lenders
Sponsored by TruClose Financial Services
Featured Contributors
Events
- NMLS 2010 Second Annual User Conference & Training(5 hours)
- FAMB Broward Chapter 2010 Annual Chapter Trade Show(8 days)
- Release of the 2010 "Fraud and Flawed Loan Report"(23 days)
- Illinois Association of Mortgage Professionals 2010 Mortgage Madness Mini-Marketplace(28 days)
- IAMB 2010 Annual Conference "Charting the Course for Success ... Sink of Swim"(30 days)
- 27th Annual Regional Conference of Mortgage Bankers Associations (33 days)
NAMB Action Center
Popular Threads
