Mortage News National Mortgage Professional Magazine
Subscribe

Mortage News

LERETA has named Patrick Hedges Senior Operations Manager
LERETA Names Patrick Hedges Senior Operations Manager
LERETA has named Patrick Hedges Senior Operations Manager, where he will lead a team that builds and maintains strong relationships with tax collection agencies to drive an understanding of their requirements and develops automated... Read more
New American Funding has expanded its Northern California territory to include a branch in Santa Rosa, Calif. to be led by Branch Manager Scott Sheldon
New American Funding Expands in Northern California
New American Funding has expanded its Northern California territory to include a branch in Santa Rosa, Calif. to be led by Branch Manager Scott Sheldon. Located in the heart of Sonoma County, New American’s new branch is a full-service... Read more
Guaranteed Rate has been recognized for the seventh consecutive year by The Chicago Tribune as one of Chicago’s Top Workplaces
Guaranteed Rate Wins Chicago Top Workplace Award
Guaranteed Rate has been recognized for the seventh consecutive year by The Chicago Tribune as one of Chicago’s Top Workplaces. Headquartered on Chicago’s North Side, the company has been on an upward trajectory since its founding,... Read more
Home Point Financial Corporation has announced that Tim Fitzgerald has joined the company as Managing Director–Regional Manager
Tim Fitzgerald Joins Home Point as Managing Director/Regional Manager
Home Point Financial Corporation has announced that Tim Fitzgerald has joined the company as Managing Director–Regional Manager, where he will direct Home Point’s Third-Party Originations (TPO) Regional Sales Team, responsible for 14... Read more
While most of the national attention in last night’s election coverage focused on prominent personalities in key states, a number of local referendums addressed issues related to housing affordability
Affordable Housing Bond Measures Pass in Three States
While most of the national attention in last night’s election coverage focused on prominent personalities in key states, a number of local referendums addressed issues related to housing affordability.   Portland voters approved a $652.8... Read more
Last week was not a very good time for mortgage applications, according to new data from the Mortgage Bankers Association (MBA)
Mortgage Applications at Four-Year Low
Last week was not a very good time for mortgage applications, according to new data from the Mortgage Bankers Association (MBA).   For the week ending Nov. 2, the Market Composite Index fell by four percent on a seasonally adjusted basis... Read more
Last night’s victory by the Democrats in regaining the House of Representatives could lead to Rep. Maxine Waters (D-CA) gaining the chairmanship of the House Financial Services Committee
Waters Poised to Chair House Financial Services Committee
Last night’s victory by the Democrats in regaining the House of Representatives could lead to Rep. Maxine Waters (D-CA) gaining the chairmanship of the House Financial Services Committee.   Waters, who is the Committee’s Ranking Member,... Read more
Richard Cordray, the former Director of the Consumer Financial Protection Bureau (CFPB), failed in his attempt to return to elected office, losing the race for Governor of Ohio to Republican Mike DeWine
Cordray Flops in Ohio Governor Race
Richard Cordray, the former Director of the Consumer Financial Protection Bureau (CFPB), failed in his attempt to return to elected office, losing the race for Governor of Ohio to Republican Mike DeWine.   The Cordray-DeWine match-up was... Read more
The Federal Housing Finance Agency (FHFA) announced the current $35 billion multifamily lending caps used respectively by Fannie Mae and Freddie Mac will be retained into 2019
FHFA Keeps Multifamily Lending Caps in Place
The Federal Housing Finance Agency (FHFA) announced the current $35 billion multifamily lending caps used respectively by Fannie Mae and Freddie Mac will be retained into 2019.   According to the FHFA, the caps are based on its projections... Read more
LoanStream Mortgage (LSM) has announced that it has launched a Correspondent Lending Channel to further enable the growth and expansion of its Non-Prime Division
LoanStream Mortgage Debuts Correspondent Channel
LoanStream Mortgage (LSM) has announced that it has launched a Correspondent Lending Channel to further enable the growth and expansion of its Non-Prime Division.   The Irvine, Calif.-based company said the new Channel will complement the... Read more