Chase offers discount home equity program for adoptive families

Nov 27, 2007

BNY Mortgage Company becomes EverBank Reverse MortgageMortgagePress.comReverse Mortgages As a final step in aligning with its parent company, BNY Mortgage Company LLC has officially changed its name to EverBank Reverse Mortgage LLC. EverBank Financial Corporation purchased Bank of New York's interest in BNY Mortgage in March 2007. Since then, the company has focused exclusively on expanding its reverse mortgage business nationwide. Bloomfield, N.J.-based EverBank Reverse Mortgage LLC is an originator and servicer of reverse mortgage loans and a subsidiary of EverBank Financial Corporation. For more information, call (800) 269-6797 or visit www.everbankreverse.com.

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Nov 27, 2007

Analysis and Data

Home Sellers' Q1 Profit Margins Declined Quarterly, Annually

ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.

ATTOM released its Q1 2024 U.S. Home Sales Report, revealing that profit margins for U.S. home sellers on median-priced single-family home and condo sales in the United States decreased to 55.3% in the first quarter – the smallest level in more than two years. The decline...

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...