Mortage News

The intersection of marriage and homeownership is growing wider
More Unmarried Young Couples Buying Homes Together
The intersection of marriage and homeownership is growing wider, as a new data study from Zillow has found almost 15 percent of all homebuyers between the ages of 24 and 35 during 2015 were unmarried couples, up from 11 percent in 2005.  ... Read more
Ridgewood Savings Bank’s Board of Trustees approved several senior officer promotions within the organization
Ridgewood Savings Bank Announces Key Senior Promotions
Ridgewood Savings Bank’s Board of Trustees approved several senior officer promotions within the organization, including Connie Manolopoulos as vice president, Richard Spiegel as vice president and district manager, and Mirsada Tagani as... Read more
Starkey Mortgage has announced that Tim Cotten has joined the company as director of recruiting
Tim Cotten Joins Starkey Mortgage to Head Up New Recruitment Division
Starkey Mortgage has announced that Tim Cotten has joined the company as director of recruiting where he will lead the development of an internal recruiting team that will prospect, interview, hire and transition top mortgage talent.   “... Read more
Motto Mortgage has announced that it will begin to offer mortgage brokerage franchise opportunities in the states of California and Maryland
Motto Mortgage to Offer Franchises in California and Maryland
Motto Mortgage has announced that it will begin to offer mortgage brokerage franchise opportunities in the states of California and Maryland. The addition of California and Maryland brings the number of states in which Motto Mortgage... Read more
Commonwealth USA Settlements LLC (CWUSA), a national provider of innovative title and settlement services, has been granted The American Institute of Public Accountants’ Service Organization Control 2 (SOC 2) Type II certification
Commonwealth USA Settlements Earns SOC 2 Type II Certification
Commonwealth USA Settlements LLC (CWUSA), a national provider of innovative title and settlement services, has been granted The American Institute of Public Accountants’ Service Organization Control 2 (SOC 2) Type II certification after... Read more
Stearns Lending LLC has announced the sale of its Delegated Correspondent Lending business to Flagstar Bancorp Inc.
Flagstar Purchases Delegated Correspondent Business From Stearns Lending
Stearns Lending LLC has announced the sale of its Delegated Correspondent Lending business to Flagstar Bancorp Inc. Stearns Lending remains fully committed to its production in all other channels, including its non-delegated correspondent... Read more
A federal jury convicted real estate investor Thomas Joyce for his role in a conspiracy to rig bids at public real estate foreclosure auctions held in Contra Costa County, Calif.
Calif. Investor Convicted in Foreclosure Auction Scheme
A federal jury convicted real estate investor Thomas Joyce for his role in a conspiracy to rig bids at public real estate foreclosure auctions held in Contra Costa County, Calif.   The Department of Justice (DOJ) accused Joyce of being... Read more
This year got off to a good start in terms of mortgage credit availability
Mortgage Credit Availability on the Rise
This year got off to a good start in terms of mortgage credit availability, according to new data from the Mortgage Bankers Association (MBA).   During January, the MBA’s Mortgage Credit Availability Index (MCAI) increased 1.1 percent to... Read more
Home Prices Closed 2016 on a Very High Note
Last year’s home price levels ended in an up-up-and-away manner, according to the latest data released by CoreLogic.   Home prices nationwide, including distressed sales, increased by 7.2 percent on a year-over-year measurement in December... Read more
A philanthropic effort co-founded by Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, is aiming its financial generosity at those facing eviction in the San Francisco Bay Area
Facebook’s Zuckerberg Aims Millions at Bay Area Housing Concerns
A philanthropic effort co-founded by Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, is aiming its financial generosity at those facing eviction in the San Francisco Bay Area.   According to a San Jose Mercury News report,... Read more