Home prices continued to trend upward in May as growth spread to more areas of the country,...Read More
The Mortgage Bankers Association (MBA) has released a new study, "Keys to Expanding Credit Access: A Common Credit Box And Clearer Representations and Warranties." This concept paper outlines steps to ensure lenders have the confidence to lend to the full range of qualified borrowers. ...Read More
Joseph A. Smith Jr., Monitor of the National Mortgage Settlement, has released "Summary of Compliance: A Report From the Monitor of the National Mortgage Settlement," a summary of the five compliance reports he submitted to the United States District Court for the District of Columbia...Read More
Home prices continued to trend upward in May as growth spread to more areas of the country, according to the Property Intelligence Report (PIR) from DataQuick. The PIR shows especially strong housing performance in areas such as Denver and Salt Lake City recently. Denver saw year-over-year home...Read More
Data through May 2013, released by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed no change in national default rates during the month. The national composite was at its post-...Read More
The level of commercial/multifamily mortgage debt outstanding decreased by $4.9 billion, or 0.2 percent, in the first quarter of 2013, the first quarterly decrease since the third quarter of 2011, according to the Mortgage Bankers Association (MBA). The $2.41 trillion in outstanding commercial/...Read More
Some lawmakers are stating that the Federal Housing Administration (FHA) may have been lying about the size of its losses after declaring that it might need public assistance in its almost-80 year history, according to CNBC.
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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 at newsroom@nmpmediacorp.com to be considered for a...Read More
In combination with celebrating its 20th anniversary of representing consumer reporting agencies providing data to the housing industry, the National Credit Reporting Association has changed its name to the National Consumer Reporting Association. This change was announced at its annual national...Read More
In September 2011, the Consumer Financial Protection Bureau (CFPB) issued its Company Portal Manual (Manual). The Manual gave instructions on the use of the special access portal, known as the Company Portal (Portal). The Portal allows financial institutions to view and respond to complaints in...Read More
Question one: What's my mission and purpose? Every plan starts with a mission … a reason why. For example, if your mission in 2013 is to make $200,000 in income, you would conceivably do anything and everything to achieve that goal, regardless of whether your...Read More
Affiliated Mortgage Company has announced its entry into the wholesale origination sector. The company’s new Wholesale/Mini Correspondent Division will be led by Jerry Alred. “The addition of the Wholesale/ Mini Correspondent Division will provide Affiliated Mortgage Company’s clients with the...Read More
The title of ‘Best Place to Work in IT’ has returned to Detroit as Quicken Loans announced it has earned the number one ranking on Computerworld magazine’s 2013 ‘Best Places to Work In IT’ list. This marks the fourth time Detroit-based Quicken Loans, the nation’s largest online lender and third...Read More
Nationwide Title Clearing Inc. (NTC) states that, amidst the changes occasioned by new regulations and compliance standards in the mortgage industry, electronic recording or “eRecording” may make things easier and should not be overlooked as a potential source for relief. eRecording is the...Read More
Stonegate Mortgage Corporation has announced the opening of a new regional operations center in Oak Brook, Ill. that will focus on loan servicing and originations. Leading the new office will be Stonegate Mortgage’s Paul Wyner, senior vice president of Third Party Origination who will be on...Read More
RES.NET launched a new homepage to better communicate with current users and facilitate connections among all participants of a real estate transaction. “We continuously receive positive feedback on RES.NET’s ability to add efficiency and transparency to a process that is known for being...Read More
REMN Wholesale has launched a new self-improvement tool to help mortgage brokers monitor their performance and measure it against their competitors. The new REMN Broker Scorecard repurposes REMN Wholesale’s internal tracking software to generate reports that give brokers an in-depth view of...Read More
Zillow Inc. has launched Agentfolio in Chicago and will follow with Boston, New York City and other markets. Agentfolio provides a unique collaboration and co-shopping platform via mobile and Web that streamlines communication and organization for agents and home buyers working together...Read More
ServiceLink announced from the Mortgage Electronic Registration Systems (MERS) 2013 User Conference the availability of its MERS Reconciliation and Resolution program. Offered through LoanCare, ServiceLink's servicing division, the program monitors and manages MERS data in order to ensure...Read More
Mortgage News Ticker
Headlines and Blogs from Around the Web
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OCC: Housing Market Shows Strong Growth
Housing Wire
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Why Bank of America Stock Is Headed Higher
The Motley Fool
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Mortgage Valuation Yield Curve And U.S. Treasury Forecast
Seeking Alpha
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What Will Happen When Quantitative Easing Ends?
HispanicBusiness.com
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Did You Make Your Foreclosure Quota?
The Tank
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Workers Who Stole From HSBC and Citicorp Get Four Years, Two Years
The Tampa Bay Times
Home prices continued to trend upward in May as growth spread to more areas of the country,...Read More
The level of commercial/multifamily mortgage debt outstanding decreased by $4.9 billion, or 0.2...Read More
The Mortgage Bankers Association (MBA) has released "A Secondary Market that Works for Smaller...Read More
Joseph A. Smith Jr., Monitor of the National Mortgage Settlement, has released "Summary of...Read More
RealtyTrac, an online marketplace for foreclosure properties, today released its U.S....Read More
The Mortgage Bankers Association (MBA) has released a new study, "Keys to Expanding Credit...Read More
RES.NET launched a new homepage to better communicate with current users and facilitate...Read More
The Mortgage Bankers Association (MBA) has released a new study, "Keys to Expanding Credit...Read More
Joseph A. Smith Jr., Monitor of the National Mortgage Settlement, has released "Summary of...Read More
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