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Mortgage Fraud News – 2018
Mortgage Fraud News - 2018 blog | Mortgage Fraud Index | Fraud Statistics |Â Fraud Litigation Diamond Residential Mortgage Settles Alleged Fraud Diamond Residential Mortgage Corp. has agreed to pay more than $1 million to settle alleged...
Nationstar Mortgage LLC Profile
Last Updated November 11, 2018 8:52 PM Central  full list | other directories | bank search | SEC filings | execs | m&a | production  Company Name: Nationstar Mortgage LLC Parent: WMIH Corp Stock Symbol: NSM Related...
Government Mortgage News – 2018
Government Mortgage News FHA profile | Ginnie Mae profile Last Updated October 26, 2018 9:22 AM Central Best Mortgage Lenders By Category A report based on a recent survey of consumers who were shopping for a residential loan has...
Best Mortgage Lenders By Category
A report based on a recent survey of consumers who were shopping for a residential loan has identified the best home lenders in a variety of categories -- including government programs, jumbo loans and online services. The 10-question survey of...
Continued Deterioration in Origination Quality
Continued Deterioration in Origination Quality Still better than pre-crisis Oct. 26, 2018 By Mortgage Daily staff As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis,...
Business Falls to 6-Month Low at Freddie
New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months. Delinquency, meanwhile, remained at its lowest level in a decade. When September was over, Freddie Mac's total mortgage portfolio stood at $2.1513...
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Wells Fargo Reaches $2 Bil Subprime RMBS Settlement
More than two years after revealing a government investigation into how it handled sales of subprime residential mortgage-backed securities, Wells Fargo & Co. has agreed to a more than $2 billion settlement. In November 2016, the San...
MORTGAGE VIDEO NEWS
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Genworth M.I. Business, Earnings Jump
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...
Mortgage Applications Fall, Purchases Most
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...
Industrial Leads CMBS Delinquency Down
Led by industrial properties, securitized commercial real estate loans saw stronger monthly performance. Apartment delinquency, however, worsened. Loans that are included in commercial mortgage-backed securities had a 30-day delinquency rate of...
Former BofA Exec Named CEO of Gateway Mortgage Grp
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...
Flood Insurance Extension Approved
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...
Profits Have Freddie Mac Paying Treasury Dividends
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...
Northeast Leads Rise in Pending Home Sales
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...
Hilltop’s Originations Up, Mortgage Earnings Down
Home lending volume accelerated at of Hilltop Holdings Inc., though mortgage earnings deteriorated. Servicing expanded, while staffing was down. Hilltop Holdings Inc., the parent of PrimeLending, disclosed in its second-quarter earnings reported...
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