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Lenders Launched, Closed & Merged - Recent mergers, earnings and corporate...
January 29, 2008 By COCO SALAZAR The government shut down one bank and approved a merger between two others. Meanwhile, as Countrywide Financial Corp. grapples with losses and the
Commercial Mortgage Tracker - Recent commercial mortgage transactions from...
January 28, 2008 By COCO SALAZAR A single commercial mortgage firm was responsible for all but one of the 10 commercial transactions tracked during the past five days. The Lake
Losses Undermine Mortgage Market - Recent mergers, earnings and corporate...
January 28, 2008 By COCO SALAZAR Three recent mortgage and banking acquisitions were overshadowed by ongoing mortgage related losses, debt rating downgrades and an involuntary
Enhancements to LOS, CRM, AU & Other Tech - Recent mortgage technology activity...
January 28, 2008 By COCO SALAZAR An updated loan origination system enables mortgage bankers to service loans pending sale on the secondary market. Meanwhile, a new customer
The Foreclosure Ledger - Recent foreclosure prevention activity from MortgageDaily...
January 24, 2008 By COCO SALAZAR Help may be on the way for borrowers facing foreclosure in Minneapolis, Maine and California -- though it may require concessions by mortgage
Retail Tops Commercial Deals - Recent commercial mortgage activity from...
January 23, 2008 By COCO SALAZAR Around $417 million in recent commercial mortgages were tracked by Among the latest activity was $171 million in retail
Technology Advances Go On - Recent mortgage technology activity from MortgageDaily...
January 23, 2008 By COCO SALAZAR A number of mortgage lending firms have adopted new technology, while a number of mortgage technology providers have announced advancements. Among
Positive Ratings Actions Emerge - Recent RMBS ratings activity from MortgageDaily....
January 22, 2008 By COCO SALAZAR A capital infusion at a bond insurer helped generate positive ratings actions on dozens of classes from residential securitizations. But there was
Some Good News Emerges - Recent mergers, earnings and corporate activity from...
January 21, 2008 By COCO SALAZAR Residential Capital LLC's parent said it expects the company didn't break any financial covenants last month. And, even as international losses
2 Wholesalers Scale Back Offerings - Eagle, Flagstar cut some programs from...
January 21, 2008 By COCO SALAZAR Stand alone second mortgages and jumbo loans were removed from the program menus of two wholesale lenders last week. Effective Wednesday, Eagle
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