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Pre-approval: Important Information
Pre-approval is a crucial step that may help you save time and money when buying a house. It entails filling up a loan application and sending the lender proof of your earnings, job, assets, and obligations. After reviewing this data, the lender...
Flagstar Hires Former PrimeLending President
The former president of PrimeLending has been hired by Flagstar Bank to work in its retail production division. His career spans several major home lenders. PrimeLending announced in October 2017 that it had replaced its president of five years,...
Serious Mortgage Delinquency at 11-Year Low
Monthly mortgage delinquency tumbled, and further declines are expected except in the Aloha State and the Mid Atlantic. Serious delinquency was the lowest it's been in more than a decade. Residential loans delinquent at least a month, including...
HSBC Finalizes Large Subprime RMBS Settlement
A large settlement being negotiated between the government and HSBC Holdings plc over the British bank's role in the issuance of residential mortgage-backed securities has been finalized. In August, a filing with the Securities and Exchange...
Interim CEO Starts Next Week at Fannie
The president and chief executive who has guided the Federal National Mortgage Association through $180 billion in profits is leaving next week. Timothy J. Mayopoulos was appointed president and CEO of Fannie Mae in 2012. He originally joined the...
Mortgage Broker Group Launches
Mortgage Broker Group Launches Last Updated October 8, 2018 6:08 PM Central Over 2 Dozens Mortgage Events in Q4 More than two dozen events are on the Mortgage Daily Mortgage Conference Calendar for the final quarter of this year. Their locations...
Bank Accused in Lawsuit of Mortgage Discrimination
HARTFORD, Connecticut -- Middletown-based Liberty Bank was accused Thursday of discriminating against home loan borrowers in African American and Latino neighborhoods in greater Hartford and New Haven in a lawsuit filed in federal court. The...
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Flagstar Hires Former PrimeLending President
The former president of PrimeLending has been hired by Flagstar Bank to work in its retail production division. His career spans several major home lenders. PrimeLending announced in October 2017 that it had replaced its president of five years,...
Serious Mortgage Delinquency at 11-Year Low
Monthly mortgage delinquency tumbled, and further declines are expected except in the Aloha State and the Mid Atlantic. Serious delinquency was the lowest it's been in more than a decade. Residential loans delinquent at least a month, including...
HSBC Finalizes Large Subprime RMBS Settlement
A large settlement being negotiated between the government and HSBC Holdings plc over the British bank's role in the issuance of residential mortgage-backed securities has been finalized. In August, a filing with the Securities and Exchange...
Interim CEO Starts Next Week at Fannie
The president and chief executive who has guided the Federal National Mortgage Association through $180 billion in profits is leaving next week. Timothy J. Mayopoulos was appointed president and CEO of Fannie Mae in 2012. He originally joined the...
Mortgage Broker Group Launches
Mortgage Broker Group Launches Last Updated October 8, 2018 6:08 PM Central Over 2 Dozens Mortgage Events in Q4 More than two dozen events are on the Mortgage Daily Mortgage Conference Calendar for the final quarter of this year. Their locations...
Bank Accused in Lawsuit of Mortgage Discrimination
HARTFORD, Connecticut -- Middletown-based Liberty Bank was accused Thursday of discriminating against home loan borrowers in African American and Latino neighborhoods in greater Hartford and New Haven in a lawsuit filed in federal court. The...
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