Mortgage Lending January 15, 2010
Freddie Mac's recently released economic outlook describes a refreshingly brighter view of the year ahead, but the pace of recovery in the forecast is well below the growth following most recessio -- DSNews.com,Admin, 01/15/2010
California foreclosure activity plummeted in December, especially when looked at on a daily average basis, according to the monthly California Foreclosure Report released by ForeclosureRadar, a Websit -- DSNews.com,Admin, 01/15/2010
The Federal Reserve's first Beige Book of 2010 shows that toward the end of 2009, home sales increased across the country, especially for lower-priced homes. Ten of the 12 federal districts report -- DSNews.com,Admin, 01/15/2010
SARASOTA, FL, January 15, 2010 /24-7PressRelease/ -- Sarasota Florida real estate sales continue to march upward bucking the national trend. This beautiful city on the South West coast of Florida offe -- 24/7 Press Release Newswire,24/7 Media, 01/15/2010
Start: 01/18/2010 2:00 pm End: 01/18/2010 3:00 pm Timezone: America/New York Start: 01/18/2010 2:00 pm End: 01/18/2010 3:00 pm Timezone: America/New Yo -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
PHH Mortgage has announced that Michael J. Dirrane has been named executive vice president of sales, effective immediately. In his role, Dirrane assumes national responsibility for outside sales and a -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
The Office of the United States Attorney for the District of Vermont stated that Benjamin Osmanson of California, the former operator of the Highgate Manor, in Highgate, Vt., was sentenced to nine yea -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Total Mortgage Services LLC announced that it has received approval from the U.S Department of Housing & Urban Development (HUD) to convert to a Full-Eagle, or non-supervised lender. The company -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.06 percent with an average 0.7 point for the week -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
RealtyTrac, an online marketplace for foreclosure properties, has released its Year-End 2009 Foreclosure Market Report, which shows a total of 3,957,643 foreclosure filings—default notices, sche -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Arizona Attorney General Terry Goddard has filed a lawsuit against a Phoenix-based mortgage loan modification company, Asset Creation LLC, and its owner, Marvin Williamson, for engaging in allegedly d -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Start: 04/07/2010 12:00 am End: 04/08/2010 11:59 pm Timezone: America/New York Start: 04/07/2010 12:00 am End: 04/08/2010 11:59 pm Timezone: America/Ne -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Happy New Year! I hope each of you had a great holiday. As an industry we can begin the New Year with optimism for continued economic recovery and a more stable housing finance system. As I mentioned -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Start: 09/15/2010 8:00 am Timezone: America/New York Start: 09/15/2010 8:00 am Timezone: America/New York The Iowa Association of Mortgage Brokers will host its 2010 -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
The U.S. Department of the Treasury and the U.S. Department of Housing & Urban Development (HUD) have released an update on the Administration`s aggressive nationwide campaign to help borrowers in -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
PClender.com Inc. has announced the availability of its Compliance Requirements Summary matrix to assist the lending community with a comprehensive plan for managing current and future regul -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Preet Bharara, the United States Attorney for the Southern District of New York, Joseph M. Demarest Jr., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Wells Fargo & Company said it continues to use the federal Home Affordable Modification Program (HAMP) and other modification programs to prevent foreclosures in communities across the country. Ne -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan ha -- NationalMortgageProfessional.com,NMP Media Services, 01/15/2010
Data released by the Mortgage Bankers Association (MBA) Wednesday showed that consumer demand for home loans increased during the first week of the new year, led by a surge in refinancing as interest -- DSNews.com,Admin, 01/15/2010
HUD and the state of Alaska's division of insurance (DOI) have reached a legal settlement with Alyeska Title Guaranty Agency for alleged violations of the Real Estate Settlement Procedures Act (RE -- DSNews.com,Admin, 01/15/2010
Travis Wright, member of the National Association of Realtors (NAR), has been appointed to executive director of the Real Estate Standards Organization (RESO). RESO oversees the NAR-supported real est -- DSNews.com,Admin, 01/15/2010
San Diego, California-based MDA DataQuick said Wednesday that it has updated its flagship property and ownership research tool, PropertyFinder to allow users to simply their searches, identify distres -- DSNews.com,Admin, 01/15/2010
The anticipated surge in commercial mortgage defaults this year could wipe out profits at a number of U.S. banks, according to a research study published by SMR Research Corp. However, SMR said this p -- DSNews.com,Admin, 01/15/2010
The FDIC may raise fees on banks whose compensation practices encourage executives to take excessive financial risks without considering the long-term consequences. The agency's board has approved -- DSNews.com,Admin, 01/15/2010
Despite the fluctuating real estate market conditions, Southern California-based JMAC Lending continues to perform exceptionally well, and the company was searching for an appraisal management company -- DSNews.com,Admin, 01/15/2010
Invesco Mortgage Capital Inc., a real estate investment trust based in Atlanta, announced Tuesday that its previously announced public offering of 7,000,000 shares of the company's common stock ha -- DSNews.com,Admin, 01/15/2010
Morgan Stanley announced Wednesday the appointment of John R. Klopp as head of Americas Real Estate Investing and Global Real Estate Debt Investing. The 30-year real estate veteran will take up his ne -- DSNews.com,Admin, 01/15/2010
The completion of all transactions under the recently-introduced state and local Housing Finance Agency (HFA) Initiative was announced Wednesday by the Department of Treasury, together with HUD and th -- DSNews.com,Admin, 01/15/2010
The chiefs of four of the nation's most powerful financial institutions made the trek to Capitol Hill Wednesday - Bank of America, JP Morgan Chase, Goldman Sachs, and Morgan Stanley. It was day on -- DSNews.com,Admin, 01/15/2010
The Foreclosure Response Team (FRT) announced this week that Larry Bird, president of BirdRock Enterprises, has been hired as VP of mortgage servicer relations, serving as a corporate consultant for t -- DSNews.com,Admin, 01/15/2010
With the continued turmoil in the housing market, it comes as no surprise that foreclosures hit a new record high in 2009.
According to RealtyTrac's year-end market report, 3,957,643 foreclosu -- DSNews.com,Admin, 01/15/2010
Fixed-rate mortgages for both 15-year and 30-year terms have fallen once again this week, according to reports released Thursday by both Bankrate, Inc. and Freddie Mac. The GSE's survey shows rate -- DSNews.com,Admin, 01/15/2010
President Obama said Thursday that he wants big Wall Street banks to pay back every last cent that's been drained from taxpayers and the federal government to fend off the financial system's c -- DSNews.com,Admin, 01/15/2010
In an announcement Thursday, Bank of America said there are several indications of strong momentum in its efforts to help customers advance from trial modifications to completed modifications under th -- DSNews.com,Admin, 01/15/2010
The membership of the Title/Appraisal Vendor Management Association (TAVMA) has developed Standards of Good Practice in Appraisal Management, the association announced Wednesday. These standards outli -- DSNews.com,Admin, 01/15/2010
The Kansas City, Missouri-based default servicing law firm Martin, Leigh, Laws & Fritzlen, P.C. has named Beverly M. Weber a partner of the firm. Weber has been with the firm since March 2003. Her pra -- DSNews.com,Admin, 01/15/2010
On a year-over-year basis, new-home communities in California saw a slight decrease in the pace of home sales in November, according to a report Wednesday by the California Building Industry Associati -- DSNews.com,Admin, 01/15/2010
The number of homes for sale nationwide fell by nearly 5 percent in December, according to the California-based national real estate brokerage ZipRealty. The company's survey of Multiple Listing S -- DSNews.com,Admin, 01/15/2010
On the recommendation of the nominating and corporate governance committee, the board of directors for New York Mortgage Trust, Inc., a self-advised real estate investment trust, announced Tuesday tha -- DSNews.com,Admin, 01/15/2010
Home prices in 2009 rose 5.2 percent, according to latest housing market update from Altos Research LLC and Real IQ. The two California-based data providers' numbers are based on a 10-city composi -- DSNews.com,Admin, 01/15/2010
The number of REO properties in New York has grown at an overwhelming rate, according to a recent report by the Furman Center for Real Estate and Urban Policy, a joint network of the New York Universi -- DSNews.com,Admin, 01/15/2010
Thursday was day two of the Financial Crisis Inquiry Commission hearings, aimed at uncovering the root causes of the worst economic recession since the Great Depression. The witness list included fina -- DSNews.com,Admin, 01/15/2010
The mortgage default law firm of Robert J. Hopp and Associates, LLC has added two new members to its team of attorneys. Michael A. Pope has been hired as the supervising attorney in the firm's Ida -- DSNews.com,Admin, 01/15/2010
Emerging from the steely clenches of a historical financial crisis that's taken billions of dollars in government intervention to repair, JPMorgan Chase & Co. announced Friday that it made $11.7 b -- DSNews.com,Admin, 01/15/2010
The Department of the Treasury and HUD today released an update on the administration's nationwide campaign to help borrowers in the trial phase of their modified mortgages convert to permanent mo -- DSNews.com,Admin, 01/15/2010
Providing consultative support for clients, Trust Title Company, a national provider of title and settlement services headquartered in Maitland, Florida, helps major lenders, asset managers, and inves -- DSNews.com,Admin, 01/15/2010
In an announcement Friday, Webster Financial Corporation, the holding company for Webster Bank, N.A., said Theresa M. Messina has joined the company as chief accounting officer. In her new position, M -- DSNews.com,Admin, 01/15/2010
In an effort to stabilize neighborhoods and rebuild local economies, HUD secretary Shawn Donovan announced Thursday that HUD is awarding $2 billion in grants to states, local governments, and nonprofi -- DSNews.com,Admin, 01/15/2010
The FDIC is looking for a buyer for the $20 billion loan servicing portfolio it seized from AmTrust Bank last year, and the agency has chosen the investment advisory firm Milestone Merchant Partners i -- DSNews.com,Admin, 01/15/2010
In an announcement Wednesday, Fraser, Michigan-based zipLogix, the creator of the real estate contract software zipForm, said it has released zipForm 6 to its large, well-established user base.
Th -- DSNews.com,Admin, 01/15/2010
The Unity Council Homeownership Center (TUCHOC), a lifeline for homeowners in the San Francisco Bay area looking for mortgage relief, announced this week that it will begin using Web-based technology -- DSNews.com,Admin, 01/15/2010
*** -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,INDIO CALIFORNIA 01/14/2010
Just when the mortgage departments at America's largest banks thought they had cornered the market, CashCall Mortgage beats their supposedly low rate plans yet again. This time, CashCall gives con -- CashCall,Dan Baren,Anaheim Calif. 01/14/2010
The following is being released on behalf of the Consumer Education Foundation: -- Consumer Education Foundation,Martin Berg,Los Angeles 01/14/2010
Quicken Loans and its family of companies made a difference in their communities by raising nearly $1 million in 2009 for charities and those in need in Mich., Ohio, Ariz. and Calif. where the company -- Quicken Loans,Victoria Araj,Livonia Mich. 01/14/2010
JMAC Lending selects new National Appraisal Management Company -- Lincoln Aappraisal & Settlement Services, LLC,Kaitlyn Grant,Providence R.i. 01/14/2010
The following is being issued by Fannie Mae (NYSE:FNM) : -- HomePath,Derek Lowe,Washington 01/14/2010
The U.S. Department of Housing & Urban Development (HUD) and the State of Alaska’s Division of Insurance ( Alaska DOI ) have announced a legal settlement with Alyeska Title Guaranty Age -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
Jim Hodson is the chief executive officer and founder of Bethel, Conn.-based Countdown To Buy, a next generation online real estate marketplace offering a fair and effective way to buy and sell proper -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
On Jan. 25, the Nationwide Mortgage Licensing System & Registry (NMLS) is scheduled to launch a consumer focused Web site, NMLS Consumer Access, which will make information available about mortgag -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
The U.S. Department of the Treasury, together with the U.S. Department of Housing & Urban Development (HUD), and the Federal Housing Finance Agency (FHFA) have announced the completion of all tran -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
Despite Challenges, Community Banks Continue To Lend -- The Independent Community Bankers of America,Bill Grassano,Washington DC 01/13/2010
The Independent Community Bankers of America (ICBA) has expanded its Preferred Service Provider program with Wolters Kluwer Financial Services to include the company’s RESPA and Regulation GG Tool Ki -- The Independent Community Bankers of America,Bill Grassano,Washington DC 01/13/2010
LOS leader rolls out most advanced version ever of its software, enables full compliance with new RESPA disclosures -- Mortgage Builder Software Inc,Keven Smith,Southfield Michigan 01/13/2010
More than 200 mortgage-related firms ended operations or failed last year -- higher than any year since MortgageDaily.com began tracking the data. -- MortgageDaily.com,Sam Garcia,Dallas Texas 01/13/2010
Reviewing Six Components of Household Finance Can Help Keep Consumers On the Road to Financial Success, Motor Club Says -- AAA Mortgage,Geoff Sundstrom,Orlando Fla. 01/13/2010
Alliance of Californians for Community Empowerment (ACCE) has full control over work and organization in California STATEMENT FROM AMY SCHUR, EXECUTIVE DIRECTOR -- Alliance of Californians for Community Empowerment,Amy Schur,Oakland Calif. 01/13/2010
New Bankrate poll shows that Americans are less confident that they and their peers can find wealth in 2010 -- Bankrate.com,Chris Spagnuolo,New York 01/13/2010
M.D.C. Holdings, Inc. (NYSE: MDC) today announced the pricing of a public offering of $250 million principal amount of 5.625% senior notes due February 2020 (the "Notes"). The Notes will be ge -- M.D.C. Holdings, Inc.,Robert N. Martin,Denver 01/13/2010
Four Detroit area residents were indicted on charges of wire fraud and interstate transportation of money taken by fraud, announced United States Attorney Barbara L. McQuade. McQuade was joined in the -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending Jan. 8, 2010. The Market Composite Index, a measure of mortgage loan application volume -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
Robyn and Steve Love, co-executive directors of Investors Resource Center of America- Los Angeles (IRCA), have published Home Remedy to help homeowners learn they have options when selling their ho -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
The Mortgage Bankers Association (MBA) has conducted its annual State of the Real Estate Finance Industry Media Conference Call. The call featured MBA representatives discussing efforts to help delinq -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
Acting United States Attorney Robert S. Cessar has announced that Robert Danenberg, a resident of Pittsburgh has plead guilty in federal court to a charge of wire fraud conspiracy in connection with a -- NationalMortgageProfessional.com,NMP Media Services, 01/13/2010
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