twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map


subscribe to free Mortgage Daily email newsletter





Nonprime Mortgage News

Subprime, Hard-Money, Home Equity & Alt-A


nonprime wholesale lender directory | subprime statistics


Last Updated Monday, September 01, 2014 09:58 AM Central


BofA CEO Visits HEL Hub
The chief executive officer of Bank of America Corp. recently stopped in to pay a visit to a fast-growing office that handles home-equity lending.

Younger Borrowers Have Lowest Mortgage Delinquency
Quarterly mortgage delinquency continued to improve, with loans to the youngest segment of the population performing the best.

Serious Mortgage Delinquency Declines
The serious delinquency rate on first mortgages and junior liens moved lower last month and was also improved from a year earlier. Consumer delinquency plunged in Los Angeles.

HELOC Default Threat Heightened in California
A wave of defaults forecasted in the next few years on home-equity lines of credit are expected to hit California especially hard.

Jumbo, Nontraditional Lending Take Biggest QM Hit
Some banks have seen lower approval rates for conforming borrowers as a result of Qualified Mortgage and Ability-to-Repay requirements. Jumbo and nontraditional borrowers fared far worse.

Wholesale Lender Offering Alt-QM Program
A new program accommodates higher debt-to-income ratios, self-employed borrowers and jumbo investor loans -- among other things.

BofA Hit With Huge Penalty Over Countrywide Program
A federal judge has ruled that units of Bank of America Corp. will have to pay a penalty of more than $1 billion for utilizing a program that sacrificed loan quality for loan quantity.

1st Mortgage Lates Down, No Improvement on 2nds
Although the rate of serious delinquency on first mortgages continued to recede, there was no improvement on second-mortgage performance.

HEL Delinquency Deteriorates
Late payments on home-equity loans worsened on a quarter-over-quarter basis but improved from a year earlier. Loan performance on home-equity lines was better but will be stressed in the coming quarters.

HELOC Lates Down, But Expiring Draw Periods a Concern
One-month delinquency on credit lines secured by residential properties has shown improvement, while originations are climbing. But there is concern about upcoming expiring draw periods.


complete archive of Subprime Mortgage News



Predatory Lending News
FTC and HUD settlements. Class action lawsuits. Predatory lending prevention. Archives back to 2001.




Nonprime and Subprime News | Subprime Statistics
Coverage of Alternative 'Alt-A', subprime and home equity lenders. Loan production reporting for largest nonprime mortgage lenders. Analysis, studies, lawsuits and other industry insight.



Logout forgot
password?


HELOC Lawsuits (2009 to 2013)



SUBSCRIBERS: Edit Subscription | Subscription Help | or call Holly at 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2014 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

sales blog

secondary marketing

servicing news

subprime news

wholesale lenders

wireless mortgage news