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.

Large RMBS Settlement at HSBC

Large RMBS Settlement at HSBC

The U.S. subsidiary of HSBC Holdings plc is near a large settlement with the government over its role in the issuance of pre-crisis residential mortgage-backed securities. HSBC North America Holdings Inc. and various subsidiaries have received...

Large RMBS Settlement at HSBC

Wells Fargo Mistakenly Denied Modifications

A calculation error by a tool used by Wells Fargo & Co. to determine whether a borrower would qualify for a loan modification caused borrowers to be denied -- including hundreds who lost their homes to foreclosure. The San Francisco-based...

Large RMBS Settlement at HSBC

North Dakota Seeks Waiver of Appraisal Requirements

A severe shortage of real estate appraisers has North Dakota officials making a request to waive appraisal reports, at least temporarily, on some residential loans. Banking regulators see the move as necessary. In some parts of the state, appraisal...

Large RMBS Settlement at HSBC

NV Super Lien Decisions Benefit Mortgage Firms

In August 2017, we saw the first controlling decision published by the Ninth Circuit Court of Appeals concerning the application of the Housing and Economic Recovery Act of 2008 in the context of a Nevada homeowners’ association non-judicial...

Large RMBS Settlement at HSBC

PennyMac Financial Services Inc. Profile

Last Updated August 4, 2018 1:45 PM Central   full list | other directories | bank search | SEC filings | execs | m&a | production   Company Name: PennyMac Financial Services Inc.   Parent: Private National Mortgage Acceptance Company LLC...

Large RMBS Settlement at HSBC

Former Lehman Unit Fined for Fraud

Aurora Loan Services LLC will pay a $41 million fine for what the U.S. Attorney says were fraudulent loans from 2004 to 2008 under an agreement with the government announced Thursday. The mortgage company that was headquartered in Littleton,...

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

Large RMBS Settlement at HSBC

N.Y. Judge Admits to Mortgage Fraud

MONROE, New York -- Former town Justice Lurlyn Winchester pleaded guilty in federal court on Thursday to two felonies stemming from charges that she lied and gave falsified documents to a mortgage lender and law enforcement officials to hide that...

Large RMBS Settlement at HSBC

Mortgage Rates Surge, Further Increases Ahead

After climbing to the highest level in more than four years, fixed mortgage rates moved even higher. Industry forecasts have long-term mortgage rates ascending another 30 basis points this year. On conforming conventional loans that were utilized...

Large RMBS Settlement at HSBC

Tiny Agency MSR Offering on Market

Mortgage servicing rights on a small portfolio of agency residential loans is being marketed for sale. The loans have a three-state concentration. Bids are being solicited for MSRs on 315 single-family loans that had a collective unpaid principal...

Large RMBS Settlement at HSBC

Risk Layering, Credit Scores Stable on RMBS

Post-crisis securitized home loans have performed well as risk layering and credit scores have remained constant. But growing cashout share is a concern. Over the past six years, the extent of risk layering on new loans that are part of residential...

Large RMBS Settlement at HSBC

Freddie’s New Business Jumps, Delinquency Drops

Monthly secondary activity at the Federal Home Loan Mortgage Corp. was sharply higher, while delinquency was sharply lower. Multifamily lates haven't changed for four months. Last month concluded with a total mortgage portfolio for $2.1051...

Large RMBS Settlement at HSBC

Radian Q1 Income, Biz Up From Yr Ago, Sink From Q4

Although earnings and new business improved from a year ago at Radian Group Inc., both were down on a quarter-over-quarter basis. The book of business expanded. In its first-quarter earnings report, the Philadelphia-based firm disclosed...

Large RMBS Settlement at HSBC

CFPB Chief’s Comments Outrage Democrats

WASHINGTON -- The nation's acting consumer financial watchdog delivered some good news and lobbying advice this week to the bankers he regulates: He would like to cut off public access to a database of consumer complaints and suggested the industry...

Large RMBS Settlement at HSBC

Dozens of FHA Mortgagees Face HUD Actions

Several dozen Federal Housing Administration mortgagees were hit with actions over the past year. Some paid large penalties, and other lost their FHA approval. The Department of Housing and Urban Development's Mortgagee Review Board took actions...

Large RMBS Settlement at HSBC

5th 3rd Earnings and Servicing Up, Home Lending Off

Quarterly earnings at Fifth Third Bancorp, including mortgage revenues, strengthened. While residential loan originations have slowed, the servicing portfolio expanded. In its first-quarter earnings report, Fifth Third disclosed $836 million in...

Large RMBS Settlement at HSBC

Refi Share of Apps Down Further as Rates Rise

As interest rates on home loans have climbed to the highest level in more than four years, the share of applications for refinances has fallen to a decade-low. Government share was diminished again. In the seven-day period that ended on April 20,...

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