Mortgage Lending April 15, 2011
MIAMI, FL, April 15, 2011 /24-7PressRelease/ -- Pan American Metals of Miami (PAMOM), an individual investment service, has always recommended that its clients invest in precious metals as a safe and -- 24/7 Press Release Newswire,24/7 Media, 04/15/2011
FRAMINGHAM, MA, April 15, 2011 /24-7PressRelease/ -- alqemyiQ, a leader in demand data analytics for the consumer goods industry, announced today that it has signed an enterprise agreement with JOH to -- 24/7 Press Release Newswire,24/7 Media, 04/15/2011
April 15, 2011 /24-7PressRelease/ -- The Colorado Supreme Court recently decided to review a 2010 Colorado Court of Appeals decision involving the collateral source rule. The central issue is whether -- 24/7 Press Release Newswire,24/7 Media, 04/15/2011
April 15, 2011 /24-7PressRelease/ -- For millions of Americans, these economic hard times have meant a growing debt load. In New Jersey and across the country, people are struggling to get a firm foot -- 24/7 Press Release Newswire,24/7 Media, 04/15/2011
DORSET, ENGLAND, April 15, 2011 /24-7PressRelease/ -- LV= has teamed up with former England rugby star Matt Perry and cricket legend Mike Gatting OBE to unveil its groundbreaking new kit recycling ini -- Midflorida Schools Federal Credit Union,24/7 Media, 04/15/2011
SYLVAN LAKE, MI, April 15, 2011 /24-7PressRelease/ -- As the world of ecommerce continues to quickly evolve, companies like Niche Retail, a Magento Enterprise Partner, have been taking full advantage -- 24/7 Press Release Newswire,24/7 Media, 04/15/2011
ANN ARBOR, MI, April 15, 2011 /24-7PressRelease/ -- Daniel Milstein of Gold Star Mortgage Financial Group has been ranked the #1 loan originator in the United States, according to the Scotsman Guide`s -- 24/7 Press Release Newswire,24/7 Media, 04/15/2011
The delinquency rate on loans included in U.S. commercial mortgage-backed securities (CMBS) conduit/fusion transactions inched down 2 basis points in March to 9.16 percent, Moody's Investors Servi -- DSNews.com,Admin, 04/15/2011
Interest rates for the 30-year fixed-rate mortgage rose by four basis points on average for the week ended April 14, making it four weeks in a row of increases, according to Freddie Mac. -- NMN,Admin,New York NY 04/14/2011
Foreclosure filing activity decreased over the past three months by 15% from the last quarter in 2010 and 27% lower than the first quarter of last year, according to the latest RealtyTrac foreclosure -- NMN,Admin,New York NY 04/14/2011
Ellie Mae priced its initial public offering at $6 per share Thursday evening, raising $45 million for the Pleasanton, Calif.-based mortgage technology vendor, a source confirmed to Mortgage Technolog -- NMN,Admin,New York NY 04/14/2011
Perhaps, loan brokers should just stop battling the Federal Reserve over its loan officer compensation rule, adapt, and move on to the next stage of their career. Or as loan broker/banker Chris Sorens -- NMN,Admin,New York NY 04/14/2011
The chief congressional proponent of the risk retention rule says federal regulators have gone too high in setting a 20% downpayment requirement on single-family loans that meet the "qualified res -- NMN,Admin,New York NY 04/14/2011
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), which shows mortgage rates rising slightly for the fourth consecutive week, yet remaining below five percent moving i -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
Concluding a two-year bipartisan investigation, Sens. Carl Levin (D-MI) and Tom Coburn (R-OK), Chairman and Ranking Republican on the Senate Permanent Subcommittee on Investigations, have released a 6 -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
Bank repossessions in South Florida decreased during the first quarter of 2011, according to a new report from the locally based firm Condo Vultures. Lenders repossessed 2 percent fewer properties bet -- DSNews.com,Admin, 04/14/2011
Interest rates on home loans headed higher this week, marking the fourth consecutive increase recorded. Still, rates remain extremely low by historical standards - a selling point market players hope -- DSNews.com,Admin, 04/14/2011
Two lawmakers, one Republican and one Democrat, have joined forces to push federal legislation through that would facilitate wider use and shorter transaction timelines for a foreclosure alternative t -- DSNews.com,Admin, 04/14/2011
The retrospective foreclosure reviews mandated by the formal enforcement actions handed down to servicers will help regulators evaluate the extent of the problem and determine the amount of monetary f -- DSNews.com,Admin, 04/14/2011
MountainView Capital Holdings, Denver, on Thursday announced the hiring of Robert Wellerstein as a managing director in the firm's mortgage and fixed income sales and trading units. -- NMN,Admin,New York NY 04/14/2011
Mortgage technology vendor Ellie Mae registered its common stock with the Securities and Exchange Commission Thursday morning, lowering not only its initial public offering price, but the amount of mo -- NMN,Admin,New York NY 04/14/2011
I just completed a killer interview with Denise Phillippi, a branch manager in Overland Park, Kans. Every single week, she has at least one file transferred to her (requested by the real estate agent -- NMN,Admin,New York NY 04/14/2011
The Federal Reserve, in its new 'Beige Book' report, offers little hope that residential real estate markets will pick up steam anytime soon, but there are glimmers of improvement in such once -- NMN,Admin,New York NY 04/14/2011
The housing-crisis-driven high demand for financial counseling services of recent years appears to be on track for further collaborative growth and innovation despite budding and expected economic imp -- NMN,Admin,New York NY 04/14/2011
A rising interest rate scenario could lead bank mortgage lenders back to the securitization markets, a paper from Fitch Research hypothesizes. The combination of rising rates and slowing prepayments m -- NMN,Admin,New York NY 04/14/2011
The banking consent agreements signed by some of the nation's largest residential servicers on Wednesday require the firms to stop the practice of "dual tracking" where at risk homeowners -- NMN,Admin,New York NY 04/14/2011
The Federal Housing Administration has fined a Brookline, Mass., lender $72,500 and ordered the firm to reimburse the agency for past insurance claims. -- NMN,Admin,New York NY 04/14/2011
An enforcement action against a bank is almost always bad news for the institution involved. But a federal bank regulators' order released Wednesday against the top 14 mortgage servicers was likel -- NMN,Admin,New York NY 04/14/2011
PMMS News Feed Has Moved
This feed has changed. Please click here for new feed subscription address: http://freddiemac.mediaroom.com/index.php?s=12329&pagetemplate=rss&category=209. Thank you. -- Fannie,Admin,Washington DC 04/14/2011
-- Fannie,Admin,Washington DC 04/14/2011
The Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS) and the -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
More than 2,000 Texas Realtors descended on the Texas Capitol in Austin April 12 for the 2011 Legislative Hill Visits. The governor, lieutenant governor, speaker of the Texas House, and legislators me -- DSNews.com,Admin, 04/14/2011
eMortgage Logic has launched a collateral assessment report (CAR) that can join with an automated valuation model (AVM) in response to the recently published Interagency Appraisal and Evaluation Guide -- DSNews.com,Admin, 04/14/2011
Chicago-based Pierce & Associates P.C., a provider of legal services to the mortgage banking community, has announced the appointment of Ralph Gerardi as director of foreclosure operations. Gerardi pr -- DSNews.com,Admin, 04/14/2011
MIAMI, FL, April 14, 2011 /24-7PressRelease/ -- As precious metals continue to rise in value, Pan American Metals of Miami is offering investors an opportunity to build a portfolio based on investing -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
CITY OF INDUSTRY, CA, April 14, 2011 /24-7PressRelease/ -- Closet World offers organizational solutions that can enlarge your closet space and turn your garage into an extra room. Every room in the ho -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
WARREN, MI, April 14, 2011 /24-7PressRelease/ -- American Brick Company (Ambrico), has announced the addition of Metro Brick thin brick products to the company`s inventory. Metro Brick, a product of I -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
April 14, 2011 /24-7PressRelease/ -- The statistic is breathtaking: `More Americans filed for bankruptcy last year in the United States than in the entire decade of the 1960s,` reports an article on M -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
April 14, 2011 /24-7PressRelease/ -- A Los Angeles Superior Court trial judge has rejected a motion for a new trial in a case against defendants Paul Revere Life Insurance Company and UNUM Group invol -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
April 14, 2011 /24-7PressRelease/ -- The United States Department of Justice continues its vigorous efforts to open up foreign secret bank accounts. In its latest move, the United States Department of -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
NEWCASTLE, ENGLAND, April 14, 2011 /24-7PressRelease/ -- Northern Rock has enhanced its interactive new savings website with an animated video guide to help savers steer their way through the ISA maze -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
NEW YORK, NY, April 14, 2011 /24-7PressRelease/ -- Ever since the devastating earthquake, tsunamis, and the subsequent nuclear crisis that have rocked Japan--not to mention the waves of discontent and -- 24/7 Press Release Newswire,24/7 Media, 04/14/2011
Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association`s Weekly Mortgage Applications Survey for the week ending April 8, 2011. The -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
LenderLive Network Inc., an end-to-end mortgage services and document preparation provider, has announced that it has selected the law firm Hudson Cook LLP to monitor the compliance of its mortgage do -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
ISGN, a provider of end-to-end technology solutions and services to the U.S. mortgage industry, has hired John Axt as title products operations and delivery executive. With a strong industry backgroun -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
The Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS) and the -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
a la mode inc. has announced that it is offering a free 100-day license to their mortgage marketing program, XSellerate, in an effort to help loan originators hurt by the recent enactment of the Reder -- NationalMortgageProfessional.com,NMP Media Services, 04/14/2011
JPMorgan Chase reported Wednesday that the company made $5.6 billion during the first quarter of 2011, beating market expectations. But the lender's mortgage business took a significant hit, as re -- DSNews.com,Admin, 04/14/2011
The Federal Reserve released a new rendition of its market-gauging Beige Book Wednesday. Economic activity on the whole has improved, but residential and commercial real estate were again branded as h -- DSNews.com,Admin, 04/14/2011
RealtyTrac says processing delays have reduced foreclosure activity to its lowest level since the first quarter of 2008. New data released by the tracking firm shows that foreclosure filings were repo -- DSNews.com,Admin, 04/14/2011
Davis + Henderson, Toronto, said it raised $122 million in a secondary share offering, which the financial services firm used to finance its acquisition of online mortgage origination provider Mortgag -- NMN,Admin,New York NY 04/13/2011
Sandler O'Neill is adding two managing directors as well as three new sales professionals to its Chicago-based fixed-income group as part of an effort to strengthen its growing new-issue distribut -- NMN,Admin,New York NY 04/13/2011
REO Allegiance has been selected by 24 Asset Management Corp. to conduct property preservation and field services. -- NMN,Admin,New York NY 04/13/2011
Home prices continue to decline in the West over the last three months by 4.3%, according to Clear Capital's monthly Home Data Index Market Report. -- NMN,Admin,New York NY 04/13/2011
An investigation by the National Fair Housing Alliance found that banks are allegedly not maintaining REO properties similarly in neighborhoods throughout the nation. -- NMN,Admin,New York NY 04/13/2011
KDX Ventures plans to sell $142 million in multifamily loans for the Department of Housing and Urban Development on April 27. -- NMN,Admin,New York NY 04/13/2011
The California Association of Realtors has partnered with Fannie Mae to launch a program designed to help realtors resolve problems after a short sale offer of any Fannie Mae-backed loan. -- NMN,Admin,New York NY 04/13/2011
The recent wave of foreclosed properties around the country has created opportunities for real estate investors to acquire land, restore it and sell it to a new homeowner. But the biggest challenge in -- NMN,Admin,New York NY 04/13/2011
At a time when about 60% of vacant properties are affecting homeowners and business managers in the United States, United Kingdom and France combined, according to independent research done by Vacant -- NMN,Admin,New York NY 04/13/2011
The law firm Akerman Senterfitt was victorious in a recent Florida court case ruling which stated that builders and installers cannot be held liable for negligence for installing faulty Chinese drywal -- NMN,Admin,New York NY 04/13/2011
When it comes to adapting for market survival never, never underestimate the creativity of mortgage and real estate professionals, especially players that are privately held and hate dealing with mult -- NMN,Admin,New York NY 04/13/2011
Mortgage originations at JPMorgan Chase dropped 29% since the end of 2010, kicking off a year where industrywide originations are projected to drop below $1 trillion. -- NMN,Admin,New York NY 04/13/2011
Sales of distressed properties could pull home prices down by another 10%, according to CoreLogic chief economist Mark Fleming. -- NMN,Admin,New York NY 04/13/2011
Federal banking regulators Wednesday afternoon dropped their regulatory "bomb" on the nation's largest residential servicers and two of their top outside vendors accusing the -- NMN,Admin,New York NY 04/13/2011
REO Allegiance has been selected by 24 Asset Management Corp. as one of its property preservation and field services partners. The company says the decision was made based on the quality of the work p -- DSNews.com,Admin, 04/13/2011
The Federal Trade Commission (FTC) reached a settlement this week with two companies and three individuals, who are now banned from the mortgage relief services business and must pay $2.2 million in a -- DSNews.com,Admin, 04/13/2011
The Office of the Comptroller of the Currency, Federal Reserve, and the Office of Thrift Supervision announced formal enforcement actions Wednesday against 14 mortgage servicers and two firms that pro -- DSNews.com,Admin, 04/13/2011
For the first time in 13 years, Georgia won't be among the top ten states for mortgage fraud when LexisNexis releases its annual MARI fraud index on May 2. -- NMN,Admin,New York NY 04/13/2011
For the first time in four years, the number of foreclosures has fallen in the tri-county South Florida region, according to the latest report by CondoVultures. -- NMN,Admin,New York NY 04/13/2011
A growing share of loans originated by banks are coming through their wholesale/correspondent channel, according to the American Bankers Association's annual real estate lending survey. -- NMN,Admin,New York NY 04/13/2011
Mortgage application volume decreased by 6.7% on a seasonally adjusted basis for the week ended April 8 as the average rate for the 30-year fixed-rate mortgage rose for the fourth consecutive week, ac -- NMN,Admin,New York NY 04/13/2011
In case you are just tuning in to this article we have been covering a very important marketing lesson. It's one that might explain why your current marketing efforts may not be working. -- NMN,Admin,New York NY 04/13/2011
The Department of Housing and Urban Development has rescinded a controversial mortgagee letter for its Home Equity Conversion Mortgage program addressing some consumer and industry concerns, but a con -- NMN,Admin,New York NY 04/13/2011
Iowa Attorney General Tom Miller blasted a study Tuesday that said proposed servicer settlement terms could cost the economy $10 billion a year. -- NMN,Admin,New York NY 04/13/2011
JPMorgan Chase saw its mortgage-related revenue get hammered in the first quarter, falling a stunning 75% to $696 million (compared to 4Q), as originations declined and the firm focused resources on i -- NMN,Admin,New York NY 04/13/2011