General 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 .We cover a wide range of topics from; mortgage rates, loans, refinancing strategies, etc. Whether you’re a first-time home buyer, a seasoned property investor, or just looking for guidance, this Resource Center has something for you. With easy-to-understand articles and resources, we simplify the mortgage process and help you make the best choice for your financial future.

Latest Posts

Nomura Reaches $480 Million RMBS Settlement

Mortgage Executives Land New Jobs

While there was some movement in the C-Suites of the mortgage industry, much of the recent activity among the executive ranks has been confined to middle managers. Freddie Mac disclosed last month that John Krenitsky has been hired as senior vice...

Nomura Reaches $480 Million RMBS Settlement

MSRs Offered on Small GSE Portfolio

Bids are being sought for the servicing on a small portfolio of government-sponsored enterprise mortgages. The loans have a New England concentration. Mortgage-servicing rights are being offered on a portfolio of 2,084 single-family loans that had...

Nomura Reaches $480 Million RMBS Settlement

PHH "Extremely Gratified" By CFPB Dismissal

PHH Corp. is celebrating the Consumer Financial Protection Bureau's dismissal of a closely watched case involving alleged violations of the Real Estate Settlement Procedures Act. At issue are reinsurance payments collected by the Mount Laurel,...

Nomura Reaches $480 Million RMBS Settlement

Big Consolidation at Bank w/$2 Bil in Mortgages

A bank with a mortgage investment portfolio of more than $2 billion is unloading a consumer lending subsidiary and closing branches. As of March 31, F.N.B. Corp. had $2.131 billion in residential mortgages on its balance sheet, according to its...

Nomura Reaches $480 Million RMBS Settlement

Refinancing to Eliminate Mortgage Insurance

With interest rates no longer at rock-bottom levels, few borrowers still have an opportunity to profit by refinancing into a lower interest rate. However, the escalation of house prices in many areas raises the possibility of profitable refinances...

Nomura Reaches $480 Million RMBS Settlement

MBA Reveals New CEO

After months of speculation, the Mortgage Bankers Association has found a replacement for its departing iconic leader. The new chief is a seasoned executive with an Ivy League education. Back in October 2017, the Washington-based association...

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Man Murdered While Appraising Property

Man Murdered While Appraising Property

DETROIT -- A Harrison Township man is facing murder and other charges after prosecutors say he shot two men attempting to secure his former business that had been foreclosed on. David Erwin Unger, 55, shot and killed 56-year-old Mark Siecinski of...

Nomura Reaches $480 Million RMBS Settlement

Rising Rates Drive ARM Share to 16-Month High

As interest rates on home loans climbed to the highest levels in seven years, refinances led weekly mortgage applications lower, and adjustable-rate mortgage share jumped to a 16-month high. Retail applications for residential loans during the...

Nomura Reaches $480 Million RMBS Settlement

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...

Nomura Reaches $480 Million RMBS Settlement

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...

Nomura Reaches $480 Million RMBS Settlement

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...

Nomura Reaches $480 Million RMBS Settlement

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...

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