Mortgage Lending News     Click to continue . . .

  •   The Risk Management Association and Automated Financial Systems’ Risk Analysis Service Metrics Show Further Deterioration in U.S. Middle Market Credit Quality
The industry’s credit risk benchmark revealed no sign of relief as nonaccruals, delinquencies continue to rise
The Risk Management Association,Meg McBride,Philadelphia PA  08/19/2008

  •   Prime Income Asset Management Purchases Two Prime North Dallas Properties
Stanford Corporate Centre and Telos Fitness Center Purchased
Prime Income Asset Management,Chris Childress,DALLAS TX  08/19/2008

  •   Nationstar Mortgage Selects Overture’s Mozart Decision Engine as it Expands as Prime Retail Lender
Overture Technologies, the mortgage industry’s leading developer of decisioning technology, has announced that Nationstar Mortgage, a mortgage lender headquartered in Dallas, Texas, has selected Overture’s Mozart Decision Engine and Mozart point-of-sale user interface as its direct-to-consumer application intake and enterprise best-fit and automated underwriting decisioning engine for its new retail operations. Nationstar Mortgage has made a major commitment to being a leading prime retail lender, and plans to continue to expand into the market using its centralized lending platform licensed to originate conforming and FHA loans in 47 states nationwide.
Nationstar Mortgage,Info,Bethesda MD  08/19/2008

  •   HUDSON REALTY CAPITAL MAKES WHOLE LOAN PURCHASE OF A $15.1 MILLION FIRST MORTGAGE, SECURED BY MULTIFAMILY COMPLEX IN CARSON CITY, NV
Property is Newly Constructed 132-Unit Complex on 5.29 Acres
Hudson Realty Capital LLC,Info,CARSON CITY nv  08/19/2008

  •   American Home Mortgage Servicing, Inc. Services Approximately 475,000 Loans on Lender Processing Services, Inc.'s MSP
Implements LPS Desktop for Workflow Management
Lender Processing Services,Michelle Kersch,JACKSONVILLE Fl  08/19/2008

  •   LAURA SAULL-SMITH OF LOVE FUNDING’S WASHINGTON D.C. OFFICE SECURES $3,774,600 IN FINANCING FOR WARRIOR RUN MANOR
Love Funding today announced that Laura Saull-Smith, Senior Vice President of the national mortgage-banking firm’s Washington D.C. office, secured a $3,774,600 refinance loan for Warrior Run Manor, located at 1105 Main Street in Watsontown, Delaware Township, Pa. The four-story apartment building facility was built in 1982 on a three-acre parcel of land under the HUD 202 construction/permanent loan program and contains 72 one-bedroom and four two-bedroom units at 506 square feet and 649 square feet, respectively.
Love Funding Corp.,Robyn Cunningham,Washington dc  08/19/2008