The U.S. View original post here: Fitch: Top 20 Banks May See $80B in Losses … [Read more...]
FHA Raises Insurance Premiums to Shore Up Mortgage Fund
February 28, 2012 by
The Federal Housing Administration said Monday that it would lift premiums for lenders of single-family mortgages in line with a stipulation under the payroll tax cut extension last year. Acting FHA Commissioner Carol Galante said the agency would raise the annual mortgage insurance premium by 0.10 … [Read more...]
Heartland and Fiserv Update Technology Partnership
February 28, 2012 by
Heartland Financial USA, Inc., has announced a new technology platform to enhance the company's loan servicing operations and processes. Heartland recently selected the LoanServ program from Fiserv, Inc., for its technology provisions. View the original here: Heartland and Fiserv Update … [Read more...]
Heartland and Fiserv Updated Technology Partnership
February 28, 2012 by
Heartland Financial USA, Inc., has announced a new technology platform to enhance the company's loan servicing operations and processes. Heartland recently selected the LoanServ program from Fiserv, Inc., for its technology provisions. Follow this link: Heartland and Fiserv Updated Technology … [Read more...]
Feds Sue B of A For Homebuyer Discrimination
February 28, 2012 by
The federal government leveled charges against Bank of America Monday that the mortgage company wrongfully discriminated against three borrowers with disabilities. HUD filed suit under the False Claims Act, alleging that Bank of America requested proof of disability from borrowers and Social … [Read more...]
Wells Fargo Names New Non-Agency Home Loan Positions
February 27, 2012 by
Wells Fargo recently announced that company veterans Brad Blackwell and Greg Gwizdz will take up new positions for the lending division responsible for non-agency mortgages. Visit site: Wells Fargo Names New Non-Agency Home Loan Positions … [Read more...]
LendingTree Launches New Predictable Volume Program
February 27, 2012 by
Lenders participating in LendingTree's network have a new platform to help raise lead volume. The national online lending exchange recently launched the Predictable Volume Program for qualified network members. Visit link: LendingTree Launches New Predictable Volume Program … [Read more...]
Two Banks Go Under, Lifting National Tally to 11
February 25, 2012 by
The lights went dark for two banks in Georgia and Minnesota Friday, with one unable to secure an acquirer for deposits. The cash registers at Little Falls-based Home Savings of America fell silent without any bank scheduled to take up $434.1 million in total assets and $432.2 million in total … [Read more...]