Thornburg Mortgage reports 2006 EPS of $2.58

Feb 06, 2007

ComplianceEase expands ComplianceAnalyzerMortgagePress.comAutomated mortgage compliance ComplianceEase has expanded the capacity of its automated mortgage compliance system, ComplianceAnalyzer, to include more non-traditional, interest-only and option adjustable-rate mortgage loan products. ComplianceAnalyzer's added capabilities enable lenders to not only double-check calculations on Truth in Lending statements, but also minimize the risk of compliance violations on a greater percentage of their loans. San Francisco-based ComplianceEase is a provider of business solutions to the financial services industry. For more information, call (866) 212-3273 or visit www.complianceease.com.

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Feb 06, 2007

Courts

Six Mortgage Brokerages Sued Over Alleged Kickback Scheme

Pennsylvania AG claims up to $1M swapped hands between agents and brokers

A cautionary tale for mortgage brokers arrived this week from Allentown, Pa., after state prosecutor and former Pa. Attorney General, Michelle Henry, filed a lawsuit against six mortgage brokerages that operate in the area, and their manager, Barry Newhart, concerning an all...

Analysis and Data

Existing-Home Sales See Quickest Climb Since Last February

Median home prices remain at record high, sales near-30-year low

Despite high prices and mortgage rates, existing-home sales in the last three months of 2024 “showed solid recovery,” according to the National Association of Realtors (NAR). Sales grew by 2.2% in December from the month before to a seasonally adjusted annual rate of 4.2...