Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a...Read More
Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April, according to newly released figures from the U.S. Census Bureau and the U.S. Department of Housing & Urban Development (HUD). This...Read More
Mortgage applications increased 9.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 11, 2012. The Market Composite Index, a measure of mortgage loan application volume, increased 9.2...Read More
Pro Teck Valuation Services' May HomeValueForecast.com Update explores important housing indicators, such as the number of home sales and months of remaining inventory (MRI) and their impact on home prices nationwide and in select markets. May's HomeValueForecast.com demonstrates that many...Read More
The U.S. Department of Housing & Urban Development (HUD) has released two reports on the impact of HUD-approved housing counseling has for those families who purchase their first homes and those struggling to prevent foreclosure. In both studies, HUD found housing counseling significantly...Read More
Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco has released, for public comment, the FHFA’s draft...Read More
NMP Mortgage Professional of the Month: Danny Nicolo, President and CEO of Meadowbrook Financial Mortgage Bankers
Each month, National Mortgage Professional Magazine will focus on one of the industry's top players in our "Mortgage Professional of the Month" feature. Our readers are encouraged to contact us by e-mail at newsroom@...Read More
There has been so much written about leadership. It's the subject of books, articles and academic papers all defining what makes a great leader. After all of the discussion, there is one point we can all agree on: Being a leader is not easy in today's business environment and certainly has...Read More
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act) was signed into law on July 21, 2010. More than 800 pages long, the Act requires a rule-making process that could take as long as five years and could result in as many as 250 rules from 20 different regulatory agencies.
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The Dodd-Frank Act and the Federal Reserve Board’s loan originator (LO) compensation rule, which came into effect a little over one year ago, created some serious challenges for leadership in the mortgage industry. The biggest concern we see industry leaders wrestle with now is about...Read More
Effective April 1, 2012, Federal Housing Administration (FHA) loan credit reports must be free of most credit account disputes. One of the requirements of...Read More
CampusMBA, the education division of the Mortgage Bankers Association (MBA), has announced that it is partnering with the Consumer Financial Protection Bureau (CFPB) to offer a monthly Webinar series addressing a variety of issues including the CFPB's current activities and significant...Read More
Mortgage Builder has agreed to acquire GCC Servicing Systems, a loan servicing software provider that shares 35 years of history with its new owner. GCC is the creator of G/Serv, a mortgage servicing software popular with mid-tier lenders, community banks, credit unions and mortgage companies,...Read More
Nationstar Mortgage Holdings Inc. has announced that it has signed a definitive agreement to acquire certain residential mortgage servicing assets and other assets from Residential Capital LLC and related entities (ResCap) in connection with ResCap’s proposed asset sale pursuant to a plan...Read More
The ABC of Sales, the book authored by Daniel Milstein, chief executive officer and president of Gold Star Mortgage Financial Group, has been selected the first place winner in the "How-To" category of the Paris France Book Festival. As a first place honoree,...Read More
LenderMobile, a provider of mobile mortgage loan applications for iPads, has added two new features to its LenderMobile+ flagship app in response to users’ requests. The new imaging feature lets loan originators and borrowers take photos of documents with the iPad camera and add the images...Read More
Despite the fact that Americans overwhelmingly support homeownership, legislative and regulatory proposals now under consideration would greatly harm homeowners, homebuyers, the housing market and the nation's economy.
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Indecomm Global Services, a business process outsourcing company, is expanding its Collateral Review Service to a broad base of clients. Indecomm’s Collateral Review Service employs licensed appraisers to perform independent reviews of appraisal reports and collateral-related documents for...Read More
Financial Industry Computer Systems Inc. (FICS), a provider of loan origination software (LOS) for the mortgage industry, released the third generation of its comprehensive LOS platform, Loan Producer Version 6.00. Current technological advancements provide the basis for this completely...Read More
Mortgage News Ticker
Headlines and Blogs from Around the Web
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Fannie Mae profits, avoids Treasury bailout in 1Q
Housing Wire
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Mortgage Brokers Face New Rules
The Wall Street Journal
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Ranieri: Housing Has Bottomed but Credit Issues Loom
WSJ Blogs
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Dispatch investigation | Credit scars
The Columbus Dispatch
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Cordray: Regulators need a certain humility
MarketWatch
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Regulators propose shake-up of bank trading books
Reuters
Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a...Read More
Although commercial real estate markets showed signs of recovery in 2011, commercial lending...Read More
LoanSifter Inc. has announced the hiring of Mark Coupland as vice president of business...Read More
Nationstar Mortgage Holdings Inc. has announced that it has signed a definitive agreement to...Read More
Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a...Read More
LenderMobile, a provider of mobile mortgage loan applications for iPads, has added two new...Read More
CampusMBA, the education division of the Mortgage Bankers Association (MBA), has announced that...Read More
Indecomm Global Services, a business process outsourcing company, is expanding its Collateral...Read More
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