The world of credit: Credit repair

May 31, 2006

National industry appointments update - 05/22/2006MortgagePress.comMortgage industry positions - Ivanhoe Mortgage has appointed Robert Brown to senior vice president of retail production. - Mavent Inc. has hired Robin Warren as senior advisor. - ResMAE Mortgage Corporation has named John DesMarteau regional vice president for its Midwest operations and Quang To regional vice president of its Broker Direct division. - Pinnacle Direct Funding Corporation has promoted Steve Dickmann, Scott G. Johnson and Richard Knaus each to the position of senior account manager. - Doug Lee has been named head of correspondent lending at Macquarie Mortgages USA Inc. - Kevin T. Pogoda Esq. has joined Old Republic National Title Insurance Company as assistant vice president and Virginia state manager.

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May 31, 2006

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...