Closing Resource Center

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A financial services executive who spent more than two decades at Bank of America Corp. has been appointed chief executive officer of Gateway Mortgage Group LLC. Stephen Curry started as vice president, regional controller, with RepublicBank Texas...

Weekly purchase-money loan applications were affected more than refinances from a week-over-week drop in mortgage applications. Government share widened, as did the jumbo-conforming spread. A seasonally adjusted 2.6 percent decline from the...

Quarterly business increased at Genworth Mortgage Insurance Corp., as did earnings. In addition, the book of business expanded, and delinquency was sharply lower. In parent-Genworth Financial Inc.'s second-quarter earnings report, company-wide...

Fannie Mae Drives Up Agency MBS Issuance: With a little help from its government-owned counterpart, the Federal National Mortgage Association drove overall issuance of agency mortgage-backed securities higher just one month after retreating....

After two months of weakening activity, more single-family properties went under contract than a month earlier -- though supply continues to be an albatross for the market. Out front of the improvement was the Northeast. An indication up upcoming...

Quarterly earnings at the Federal Home Loan Mortgage Corp. improved, leaving the secondary lender with a tab from the Treasury Department for dividends. Secondary marketing production increased. Freddie Mac earned $3.1 billion before income tax...

With the hurricane season upon us, lawmakers in Washington have voted for a temporary extension of the National Flood Insurance Program -- a move applauded by mortgage bankers. On Tuesday, the Senate voted to pass S.1182 - National Flood Insurance...