News Flash

HUD Secretary Donovan and National Fair Housing Alliance roll out media campaign
The U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and the National Fair Housing Alliance (NFHA) have rolled out their national media campaign to fight foreclosures and discrimination. NFHA and HUD have... Read more
Colorado amends Mortgage Loan Originator Licensing Act
The Colorado Gov. Bill Ritter has signed House Bill 1085 into law. HB 1085 concerns the regulation of mortgage loan originators, and, in connection therewith, modifying the "Mortgage Broker Licensing Act" to conform to the federal Secure... Read more
Gold Star Mortgage Financial Group surpasses national banks in local FHA market
Gold Star Mortgage Financial Group has achieved 3.2 percent of the Federal Housing Adminstration (FHA) lending market share in Southeastern Michigan, producing more volume than Bank of America, Wells Fargo and Fifth Third Bank combined,... Read more
LoanMarket.NET partners with First American Title Insurance Company
LoanMarket.NET, an online marketplace for buying and selling real estate-secured note investments, has partnered with First American Title Insurance Company, a subsidiary of The First American Corporation family of companies, to offer... Read more
NYLX offers product and pricing technology in Byte Software
Byte Software, a provider of loan origination software for banks, credit unions and mortgage brokers, has partnered with NYLX to provide product eligibility and best execution loan pricing technology to its customer base. Through Byte... Read more
NAHB: Bolstering GSEs key to the future of the nation's housing finance system
In contemplating the future status of housing government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, the National Association of Home Builders (NAHB) has told Congress it is critical for the federal government to provide a... Read more
J.D. Power and Associates reports: Customer commitment to retail banks declines for second consecutive year
Driven by declines in both satisfaction and brand image, customer commitment to retail banks has decreased in 2009, according to the J.D. Power and Associates 2009 Retail Banking Satisfaction Study. This marks a steady decline in customer... Read more
MBA announces the nomination of Michael W. Young as vice chairman-elect
The Mortgage Bankers Association (MBA) has announced the nomination of Michael W. Young, chairman of the board of Cenlar FSB to be its vice chairman-elect. Young will be elected by MBA members at the Association's 96th Annual Convention,... Read more
Premier Title Insurance team joins Madison Commercial Real Estate Services
Madison Commercial Real Estate Services (MCRES), an umbrella organization offering specialty services for the real estate market nationwide, have announced that five prominent New York Title Insurance Specialists have joined the company.... Read more
United Way recognizes Wells Fargo with two Summit Awards for community efforts
United Way of America recently honored Wells Fargo & Company with two Summit Awards, part of its Spirit of America Awards program, recognizing the company’s outstanding commitment to Community Impact and Community Volunteerism. “In... Read more