Closing Resource Center

Welcome to the Mortgage Daily Resource Center! Here, you’ll find everything you need to know about the mortgage industry, all in one convenient location.

Latest Posts

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Continued Deterioration in Origination Quality

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,...

Continued Deterioration in Origination Quality

Diamond Residential Mortgage Settles Alleged Fraud

SPRINGFIELD, Illinois -- Diamond Residential Mortgage Corp. has agreed to pay $1.27 million to the state as part of a "consent order" stemming from alleged fraudulent loan-origination activity by Chris R. Schaller and other employees of Diamond's...

Continued Deterioration in Origination Quality

Secondary Marketing News

Secondary Marketing News correspondent directory | warehouse directory | MBS News Last Updated October 25, 2018 4:58 PM Central   Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its...

Continued Deterioration in Origination Quality

Large Agency MSR Offering Hits Market

Large Agency MSR Offering Hits Market Modest California, Florida concentration Oct. 25, 2018 By Mortgage Daily staff Bids are being sought for servicing rights on a large portfolio of agency mortgages. The offering has a moderate concentration of...

Continued Deterioration in Origination Quality

Mortgage Rates Up 92 BPS From Year Ago

Over the past year, weekly fixed interest rates on single-family loans have soared 92 basis points. But little change was reported from last week, and more of the same is expected. On conventional loans utilized to finance a home purchase with...

Continued Deterioration in Origination Quality

Commercial Real Estate Loan News

Commercial Real Estate Loan News Commercial Mortgage Statistics Last Updated October 25, 2018 4:59 PM Central 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....

FREE CALCULATORS TO HELP YOU SUCCEED

Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator

Top Picks for You

Continued Deterioration in Origination Quality

Mobile Usage Diminishes In Mortgage Servicing

After deteriorating last year, borrowers' satisfaction with mortgage servicers was no better this year. One interesting observation was that mobile usage slowed. The best servicers were ranked. The J.D. Power 2018 Primary Mortgage Servicer...

Continued Deterioration in Origination Quality

Mortgage Rates Rise, Could Climb More

Mortgage rates inched up this past week and could extend the increase in next week's report. One longer-term forecast has the escalation continuing through the end of the year. Freddie Mac's Primary Mortgage Market Survey indicated that 30-year...

Continued Deterioration in Origination Quality

New Post-Crisis Low for Freddie’s Delinquency

Secondary activity at the Federal Home Loan Mortgage Corp. in on pace to see an annual drop. Serious delinquency, meanwhile, fell to a new post-crisis low. McLean, Virgina-based Freddie Mac reported in its Monthly Volume Summary: June 2018 that its...

Continued Deterioration in Origination Quality

Radian’s Earnings, Delinquency & New Biz Improve

Radian Group Inc. swung to a big profit from a quarterly loss a year previous. New policies written increased, the book of business expanded, and delinquency decreased. Consolidated pre-tax income swung to a $181 million second-quarter profit from...

Continued Deterioration in Origination Quality

Losses Continue at Ocwen, Originations Down

At a time when most of the industry is seeing origination gains, Ocwen Financial Corp. had a decline. Losses continued, and staffing was diminished, but delinquency improved. Ocwen's second-quarter earnings report reflected more than $28 million in...

Continued Deterioration in Origination Quality

Small Agency MSR Portfolio Being Marketed

Servicing rights on a small portfolio of residential agency loans with a heavy concentration on the West Coast are being marketed through the auction process. The offering is for mortgage servicing rights on 1,181 single-family loans that had a...

Continued Deterioration in Origination Quality

MSRs Offered on $3.6 Billion in Ginnie Mae Loans

The servicing on more than $3.6 billion in government mortgages are being auctioned to the highest bidder. A significant share of the portfolio is secured by Golden State properties. Mortgage-servicing rights are being offered on 14,102 Ginnie Mae...

Continued Deterioration in Origination Quality

HomeStreet Mortgage Losses Widen as Staff Cut

HomeStreet Inc. reduced the size of its residential servicing portfolio, and cut the size of its mortgage staff, but mortgage losses still widened. Home lending was busier, though. HomeStreet's second-quarter earnings report revealed $9 million in...

Continued Deterioration in Origination Quality

Bump in Refinance Apps Offset By Dip in Purchases

A modest weekly up tick in applications for loans to refinance an existing mortgage was more than offset by a dip in applications for purchase financing. On a seasonally adjusted basis, the Market Composite Index for the seven days that concluded...

Continued Deterioration in Origination Quality

Tariffs, Trade War Dampen New Home Sales

New house sales turned sharply lower last month, and home builders blame escalating trade tensions for the weak showing. Still, sales in the Northeast soared. The sale of newly constructed single-family homes worked out to 57,000 units during June,...

Your mortgages approval starts here.

Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.

Stay Up To Date with Today’s Latest Rates

ï„‘

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

ï„‘

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

ï„‘

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

ï„‘

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN