Mortage News

Mortgage lenders reported a net negative profit margin outlook during the second quarter, according to Fannie Mae’s latest Mortgage Lender Sentiment Survey
Fannie Mae: Q2 Lender Sentiment Was Glum
Mortgage lenders reported a net negative profit margin outlook during the second quarter, according to Fannie Mae’s latest Mortgage Lender Sentiment Survey. This represents the seventh consecutive quarter when profit margins were down.  ... Read more
W. Edward (Ed) Walter has been named Global Chief Executive Officer at the Urban Land Institute (ULI)
New Global CEO at Urban Land Institute
W. Edward (Ed) Walter has been named Global Chief Executive Officer at the Urban Land Institute (ULI). He succeeds Patrick L. Philipps, who stepped down after leading the ULI for the past nine years.   In his new role, Walter will focus... Read more
The historic Singapore summit between President Trump and North Korean leader Kim Jong Un included a brief detour away from denuclearization discussions in favor of commercial real estate development
Trump Envisions Oceanfront Hotels and Condos in North Korea
The historic Singapore summit between President Trump and North Korean leader Kim Jong Un included a brief detour away from denuclearization discussions in favor of commercial real estate development.   During a press conference held after... Read more
Mortgage Credit Availability Up, Valuation Perception Gap Narrows
Mortgage Credit Availability Up, Valuation Perception Gap Narrows
Mortgage credit availability is rising and the gap between appraisers and homeowners on perceived valuations is shrinking, according to a pair of new data reports.   The Mortgage Bankers Association (MBA) Mortgage Credit Availability Index... Read more
The Mortgage Bankers Association (MBA) has announced that Susan T. Stewart, Chief Executive Officer of SWBC Mortgage, has been nominated to serve as Vice Chairman for the 2019 membership year
Susan Stewart of SWBC Mortgage Nominated as MBA Vice Chair
The Mortgage Bankers Association (MBA) has announced that Susan T. Stewart, Chief Executive Officer of SWBC Mortgage, has been nominated to serve as Vice Chairman for the 2019 membership year. She will be elected by MBA members at the... Read more
AmWest Funding Corporation has announced the acquisition of Bridgeway Financial
AmWest Funding Acquires Bridgeway Financial
AmWest Funding Corporation has announced the acquisition of Bridgeway Financial, a Georgia-based retail mortgage lender. Founded in 2012, Bridgeway offers residential lending services throughout Georgia, Alabama, Florida, Maryland, Texas... Read more
Neptune Flood, a St. Petersburg, Fla.-based fintech firm, has launched Neptuneflood.com, an online resource designed for consumers shopping for flood insurance
Company Offers Online Flood Insurance Shopping
Neptune Flood, a St. Petersburg, Fla.-based fintech firm, has launched Neptuneflood.com, an online resource designed for consumers shopping for flood insurance.   According to the company, homeowners can get quotes and buy policies online... Read more
When it comes to housing markets with a larger than normal share of non-owner occupied mortgaged residential property, Southern and Western cities tend to be top of this sector
The Top Non-Owner Occupied Market Is …
When it comes to housing markets with a larger than normal share of non-owner occupied mortgaged residential property, Southern and Western cities tend to be top of this sector.   According to new data from Lending Tree, Oklahoma City... Read more
Angel Oak Mortgage Solutions continues its strong start to 2018 with the addition of four new Account Executives, adding Craig Murphy in San Antonio, Texas; Alina Derzhay in Ft. Lauderdale, Fla.; Jeremiah Carlson in Salt Lake City; and Denise Maccone in N
Angel Oak Mortgage Adds Four New AEs
Angel Oak Mortgage Solutions continues its strong start to 2018 with the addition of four new Account Executives, adding Craig Murphy in San Antonio, Texas; Alina Derzhay in Ft. Lauderdale, Fla.; Jeremiah Carlson in Salt Lake City; and... Read more
Mick Mulvaney is opening questioning whether there is any practical purpose in maintaining the Consumer Financial Protections Bureau’s (CFPB) online database of complaints
Mulvaney Raises New Doubts on CFPB Online Database
Mick Mulvaney is opening questioning whether there is any practical purpose in maintaining the Consumer Financial Protections Bureau’s (CFPB) online database of complaints against lenders and other financial companies.   The agency issued... Read more