Mortgage Originations Nearly Double at Leader One
Annual residential lending at LeaderOne Financial Corp. nearly doubled last year, with the mortgage banking organization achieving a milestone in 2015.
Mortgage Executives Recruited, Promoted
Several residential lending firms have recently recruited or promoted executives. Among the areas of responsibilities for the group are third-party originations, mortgage servicing and mortgage technology.
Annual Business Doubles at Arch M.I.
Despite a quarter-over-quarter blip in new business at Arch Mortgage Insurance Co., annual activity more than doubled. Meanwhile, defaults declined.
Mortgage Business Grows at Lake Michigan FCU
Home lending activity increased at Lake Michigan Credit Union, as did the size of its residential loan servicing portfolio and its mortgage staff.
Home Lending Falls at First Republic
Quarterly home lending, as well as annual activity, was down at First Republic Bank. Although the servicing portfolio contracted, residential assets expanded.
Mortgage Delinquency, Foreclosures Decline
The rate of serious mortgage delinquency, the foreclosure rate and the number of completed foreclosures all turned lower in the final month of 2015.
Mortgage Lending Down, Staff Trimmed at Alaska USA
Quarterly home lending contracted at Alaska USA Federal Credit Union, while the size of the firm's mortgage staff was trimmed.
Multiple Mortgage Topics Addressed at Conferences
Multiple mortgage servicing conferences are among upcoming industry events -- though other conventions will touch upon mortgage fraud, licensing and banking. Also ahead are conferences covering mortgage-backed securities and litigation.
Year Over Year Growth at Churchill Mortgage
Quarterly mortgage originations were modestly higher than one year earlier at Churchill Mortgage Corp., while the size of the lender's staff expanded.
Large Mortgage Settlement at HSBC
HSBC Bank USA, N.A., agreed to a settlement valued at hundreds of millions of dollars over allegations of abuses in home lending, servicing and foreclosures.