Bank Failures Drive Record Mortgage-Related Closings
Driven by nearly 100 bank failures so far this year, mortgage-related failures and closings have already exceeded the total for all of last year and are within two failures of a record.

From Jan. 1 through Oct. 2, there have been 164 mortgage-related firms that have either collapsed or been shut down, according to the Mortgage Graveyard -- a journal of failed lenders that is maintained by MortgageDaily.com.

During all of 2008, a revised 124 mortgage-related firms either failed or were closed down.
read full story
Oct. 5

10,000 Pages of News Published at MortgageDaily.com
After more than a decade of publishing stories by dozens of journalists and writers, MortgageDaily.com has exceeded 10,000 pages of mortgage news.
Oct. 5

NY Leads Nation in Mortgage Fraud
U.S. mortgage fraud cases mostly held steady during the latest quarter, according to the FraudBlogger Index -- a measure of active cases. But activity was up nearly 600% in New York to the highest of any state.
Sept. 16

Banks Face Growing Regulatory Actions
Regulatory orders against financial institutions jumped 49% during the second quarter, according to an analysis of activity by MortgageDaily.com. A surge in civil money penalties, cease-and-desist orders and prohibition orders fueled the increase.
Sept. 8

Appraisal, Modification and Foreclosure Lawsuits Soar
A surge in litigation tied to real estate appraisals, loan modifications and foreclosures contributed to a 54 percent increase in mortgage-related lawsuits, according to the Second Quarter Mortgage Litigation Report from MortgageDaily.com. Investor litigation continued to be the busiest category.
August 24

15 Largest U.S. Lenders
Residential originations at U.S. mortgage lenders jumped by nearly one-quarter in MortgageDaily.com's Second Quarter 2009 Production Ranking. Among the star performers were Wells Fargo & Co., Citigroup Inc. and Quicken Loans Inc.
August 5

Over 100 Mortgage Failures
So far this year, more than 100 mortgage-related operations have shut down, according to data tracked by the MortgageGraveyard.com -- a journal of failed, ailing and acquired lenders operated by MortgageDaily.com. The majority of the failures were U.S. banks.
July 20

Home123.com Relaunches
Home123, a nationally-recognized brand with a history of success, is looking for joint venture opportunities with an FSB or National Mortgage Platform
June 8

TILA, H4H Updates
The Helping Families Save Their Homes Act of 2009 includes a new requirement for assignees of certain mortgage loans to provide a notice to the borrowers.
(May 27)

MBS, Foreclosure Lawsuits Jump
Investors of mortgage-backed securities led an increase in mortgage-related litigation, according to the First Quarter Mortgage Litigation Report. An increase in the number of foreclosure lawsuits also contributed to the rise in legal activity.
May 26