Mortgage Lending November 30, 2011
Fannie Mae acquired $58.4 billion of mortgages from its seller/servicers in October, its best purchase month since January and a sign that low rates are starting to spur new activity in the primary ma -- NMN,Admin,New York NY 11/30/2011
Members of the Mortgage Insurance Companies of America have developed a new loan workout template that helps address problems between a servicer and mortgage insurer when settling a borrower's loa -- NMN,Admin,New York NY 11/30/2011
Credit risk managers expect consumers will have trouble making payments on a variety of loan types, according to the European Credit Risk Survey taken by FICO and Efma. -- NMN,Admin,New York NY 11/30/2011
With over two million vacant properties throughout the country available for a prospective buyer to purchase, it is important for financial institutions to distinguish their distressed homes from the -- NMN,Admin,New York NY 11/30/2011
-- NMN,Admin,New York NY 11/30/2011
The American Legion is calling on Congress to extend the $729,750 loan limit on Department of Veterans Affairs guaranteed loans before the ceiling drops down to $625,500 on January 1. -- NMN,Admin,New York NY 11/30/2011
Fannie Mae acquired $58.4 billion of mortgages from its seller/servicers in October, its best purchase month since January and a sign that low rates are starting to spur new activity in the primary ma -- NMN,Admin,New York NY 11/30/2011
The mortgage industry is packed with folks who were probably high school kids who didn't start studying until the night before an exam. While it's possible to get a decent grade with last minu -- NMN,Admin,New York NY 11/30/2011
The American Legion is calling on Congress to extend the $729,750 loan limit on Department of Veterans Affairs guaranteed loans before the ceiling drops down to $625,500 on January 1. -- NMN,Admin,New York NY 11/30/2011
The mortgage industry is packed with folks who were probably high school kids who didn't start studying until the night before an exam. While it's possible to get a decent grade with last minu -- NMN,Admin,New York NY 11/30/2011
-- NMN,Admin,New York NY 11/30/2011
According to the National Association of Realtors (NAR) Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, pending home sales surged 10.4 percent to 93. -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
Quality Mortgage Services LLC (QMS) has announced that the company is now offering third-party Mortgage Electronic Registration Systems Inc. (MERS) audits as required by MERS Training Bullet -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
Thousands of small businessmen and women have been, or are in the process of being put out of business by the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act). The California Departme -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
The Federal Housing Administration (FHA) has awarded Total Learning Solutions (TLS) with a contract to provide nationwide technical assistance training to its business and industry partners. AllRegs I -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
Mortgage Applications Decrease in Latest MBA Weekly SurveyClick to continue -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
The National Association of Realtors' (NAR) pending home sales index reported strong positive movement over the month of October, rising 10.4 percent from September. The index, which measures sale -- DSNews.com,Admin, 11/30/2011
The mortgage banking law firm of Butler and Hosch, P.A. has announced the appointments of Christopher L. Carman as managing attorney, Shawn Berry as litigation attorney, and Brian Gensler as SVP of ve -- DSNews.com,Admin, 11/30/2011
In conjunction with the changes to the Federal Rules of Bankruptcy Procedure (FRBP) which go into effect on December 1, Fiserv, Inc. announced Wednesday that its LoanServ solution offers the capabilit -- DSNews.com,Admin, 11/30/2011
Twenty-one members of congress sent a letter to Federal Housing Finance Agency (FHFA) Acting Director Edward DeMarco urging him to encourage principal reductions on loans backed by Fannie Mae and Fred -- DSNews.com,Admin, 11/30/2011
October was the second best month of the year for the private mortgage insurers in terms of applications received, but the third worst in terms of the cure/default ratio, according to the Mortgage Ins -- NMN,Admin,New York NY 11/30/2011
-- NMN,Admin,New York NY 11/30/2011
October was the second best month of the year for the private mortgage insurers in terms of applications received, but the third worst in terms of the cure/default ratio, according to the Mortgage Ins -- NMN,Admin,New York NY 11/30/2011
Application volume fell by 11.7% on a seasonally adjusted basis for the week ended Nov. 25, with the data adjusted to take into account Thanksgiving, according to the Mortgage Bankers Association. -- NMN,Admin,New York NY 11/30/2011
The annual retirement survey conducted by Wells Fargo & Co. found that 76% of middle class Americans said it is important to have a specific amount of money saved before retirement, while only 20% sai -- NMN,Admin,New York NY 11/30/2011
Eastern Mortgage Capital, Boston, has issued a $5.1 million mortgage loan for a 117-unit affordable elderly housing facility in St. Louis. -- NMN,Admin,New York NY 11/30/2011
October was the second best month of the year for the private mortgage insurers in terms of applications received, but the third worst in terms of the cure/default ratio, according to the Mortgage Ins -- NMN,Admin,New York NY 11/30/2011
-- NMN,Admin,New York NY 11/30/2011
The House Financial Services Committee is asking the new Consumer Financial Protection Bureau for a detailed account of its spending to date, and plans for funds it has received but not yet spent. -- NMN,Admin,New York NY 11/30/2011
The Federal Housing Finance Agency has recruited two veterans of the Federal Reserve Board to fill key agency posts. -- NMN,Admin,New York NY 11/30/2011
-- NMN,Admin,New York NY 11/30/2011
Edward DeMarco, acting director of the Federal Housing Finance Agency (FHFA), has announced the appointments of Richard B. Hornsby, as FHFA's COO and Jon Greenlee as the agency's deputy direct -- DSNews.com,Admin, 11/30/2011
SAN DIEGO, CA, November 30, 2011 /24-7PressRelease/ -- Courtyard homes are an appealing choice for home shoppers who want unique outdoor living spaces without the responsibility for a big yard, and no -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
SACRAMENTO, CA, November 30, 2011 /24-7PressRelease/ -- Last week, Sutter Health announced that the data of over four million of its patients was compromised. The breach reportedly occurred last month -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
TAMPA, FL, November 30, 2011 /24-7PressRelease/ -- Jagged Peak, Inc. (OTC BB: JGPK), a leading provider of enterprise-class eCommerce solutions and supply chain services, announced today that Albert N -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
MANSFIELD, TX, November 30, 2011 /24-7PressRelease/ -- With data centers around the world having an increased responsibility to address growing network intrusion risks as well as minimize their energy -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
AUBURN, WA, November 30, 2011 /24-7PressRelease/ -- Join Martha for an interactive training session to discuss where the next big moves will occur in the Cloud industry! Final week to register! -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
LOUISVILLE, KY, November 30, 2011 /24-7PressRelease/ -- "We realize that businesses who plan to automate payroll in 2012 want to get acquainted with ezPaycheck payroll software now, but they don` -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
SUGAR LAND, TX, November 30, 2011 /24-7PressRelease/ -- Valuation of a Homemaker`s Contributions to the Marriage and Family -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
November 30, 2011 /24-7PressRelease/ -- Most people contemplating bankruptcy are concerned about the long-term effect of filing bankruptcy. People struggling with debt problems in Nashville often wond -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
November 30, 2011 /24-7PressRelease/ -- When a California regional sales manager had to cut back traveling for his job as he recovered from cancer-related surgery, his employer fired him, citing poor -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
November 30, 2011 /24-7PressRelease/ -- Often one of the reasons that people choose to file bankruptcy is that they are facing foreclosure and want to save their home. Bankruptcy can be filed to stop -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
IRVING, TX, November 30, 2011 /24-7PressRelease/ -- A buyout agreement, also called a "buy-sell agreement," is a contract between shareholders or partners in a business. It prevents unwanted -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
ATLANTA, GA, November 30, 2011 /24-7PressRelease/ -- For the second year in a row, the W. Winston Briggs Law Firm was a proud sponsor of the Aptalis CF Cycle for Life benefiting cystic fibrosis resear -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
NEWCASTLE, ENGLAND, November 30, 2011 /24-7PressRelease/ -- Northern Rock has announced that it was commended in the Mortgage Finance Gazette Awards for its dedication to community service. The honour -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
NEWCASTLE, ENGLAND, November 30, 2011 /24-7PressRelease/ -- Northern Rock`s latest video has put consumers in the spotlight as they reveal that by far their biggest money worry is paying the mortgage -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
LONDON, ENGLAND, November 30, 2011 /24-7PressRelease/ -- Upfront interest savings bonds introduced by Santander. -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
BIRKIRKARA, MALTA, November 30, 2011 /24-7PressRelease/ -- Not only were there more than 500 glamorous guests at the city`s flagship Inter-Continental Hotel on Friday 18th November, there were more th -- 24/7 Press Release Newswire,24/7 Media, 11/30/2011
Home prices in the United States rose in the third quarter of 2011, according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (HPI). The HP -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
Data through September 2011, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, shows that nationwide, home prices did not register a significant change in the thir -- NationalMortgageProfessional.com,NMP Media Services, 11/30/2011
Radian Guaranty is seeking waivers in 12 states of risk-to-capital requirements, even though it does have $600 million in capital at the parent company level available to downstream to the mortgage in -- NMN,Admin,New York NY 11/29/2011
The recurring theme of financial literacy may be old, but it keeps pushing itself forward and into the agenda of mortgage lenders and servicers as banks struggle to understand their borrowers' fin -- NMN,Admin,New York NY 11/29/2011
The first recently originated private-label/jumbo securitization to hit the market since 2008 shows a deal of this type can be issued despite today's uncertain regulatory environment, but in such -- NMN,Admin,New York NY 11/29/2011
-- NMN,Admin,New York NY 11/29/2011
Radian Guaranty is seeking waivers in 12 states of risk-to-capital requirements, even though it does have $600 million in capital at the parent company level available to downstream to the mortgage in -- NMN,Admin,New York NY 11/29/2011
Congress has opened the door for FHA lenders to originate jumbo loans of up to $729,750 without being crowded out of the market by Fannie Mae and Freddie Mac products. -- NMN,Admin,New York NY 11/29/2011
-- NMN,Admin,New York NY 11/29/2011
The Consumer Financial Protection Bureau is initiating a process for streamlining and updating its consumer regulations with bureau officials seeking public input on which rules should be looked at fi -- NMN,Admin,New York NY 11/29/2011
-- NMN,Admin,New York NY 11/29/2011
ServiceLink, a Fidelity National Financial company, has announced the appointment of Chris Azur as its new company president. Azur has served as executive vice president and chief -- NationalMortgageProfessional.com,NMP Media Services, 11/29/2011
Rep. Barney Frank (D-MA), former Chairman of the House Financial Services Committee, has announced that he will not run again for a Congressional seat in the 2012 election. Rep. Frank w -- NationalMortgageProfessional.com,NMP Media Services, 11/29/2011
Data through September 2011, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, shows that nationwide, home prices did not register a significant change in the thir -- NationalMortgageProfessional.com,NMP Media Services, 11/29/2011
Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco has announced the appointments of Richard B. Hornsby as FHFA’s new chief operating officer and Jon Greenlee as FHFA`s -- NationalMortgageProfessional.com,NMP Media Services, 11/29/2011
The National Credit Union Administration (NCUA) has filed suit in Federal District Court in Kansas against Wachovia and its subsidiaries alleging violations of federal and state securities laws and mi -- NationalMortgageProfessional.com,NMP Media Services, 11/29/2011
The Kansas City, Missouri-based default servicing law firm Martin, Leigh, Laws & Fritzlen, P.C. recently announced that Steven M. Leigh; Berry F. Laws, III; and Thomas J. Fritzlen have been recognized -- DSNews.com,Admin, 11/29/2011
ServiceLink announced Tuesday that the company has appointed Chris Azur president. Azur served as EVP and COO of ServiceLink for the last four years. His areas of responsibility included the valuation -- DSNews.com,Admin, 11/29/2011
While incidences of mortgage fraud have remained steady over the past six quarters overall, submissions of fraudulent employment/income information are on the rise, according to the latest Mortgage Fr -- DSNews.com,Admin, 11/29/2011
Home prices rose in the third quarter of 2011, according to the Federal Housing Finance Agency's (FHFA) house price index released Tuesday. The federal agency's index is calculated using home -- DSNews.com,Admin, 11/29/2011
The Office of the Inspector General for the Federal Housing Finance Agency (FHFA-OIG) submitted its semiannual report to congress reviewing FHFA's actions from April 2010 through September 2011. T -- DSNews.com,Admin, 11/29/2011
The depreciation of home values over the past half-decade has left millions of mortgage borrowers owing more than their home is worth -- 10.7 million, according to CoreLogic. The company released its -- DSNews.com,Admin, 11/29/2011
Default management vendor ServiceLink, Pittsburgh, on Tuesday named Chris Azur as its new president. -- NMN,Admin,New York NY 11/29/2011
Guggenheim Partners affiliate Pillar Multifamily LLC has agreed to buy Fannie Mae eligible loans sourced by Tremont Realty Capital LLC under a correspondent agreement between the two companies. -- NMN,Admin,New York NY 11/29/2011
Home prices dropped in September from August in 17 of the 20 cities tracked by the Standard & Poor's/Case-Shiller index. It was the first decline after five straight months in which at least half -- NMN,Admin,New York NY 11/29/2011
-- NMN,Admin,New York NY 11/29/2011
I have some questions for all the owners of small mortgage origination shops: are you running your business like it is a business? Do you have the systems in place to examine what is succeeding in you -- NMN,Admin,New York NY 11/29/2011