First time claims for unemployment insurance were unchanged at 351,000 for the week ended February 18, following upward adjustments for numbers recorded the previous week which represented a four-year record low. The U.S. Continue Reading: Initial Claims Flat While Continuing Claims Fall Lower … [Read more...]
Total Mortgage Services Now Licensed in Arkansas
February 9, 2012 by
Total Mortgage Services LLC has announced that it has received its Arkansas Combination Mortgage Banker-Broker-Servicer License from the Arkansas Securities Department and is now able to originate and service residential mortgage loans in the state of Arkansas. Total Mortgage is licensed as a … [Read more...]
New York AG Schneiderman Seeks Legal Action Against MERS and Major Servicers for Deceptive Practices
February 3, 2012 by
New York Attorney General Eric Schneiderman filed suit against several of the nation’s largest banks charging that the creation and use of Mortgage Electronic Registration Systems (MERS) has resulted in a range of deceptive and fraudulent foreclosure filings in New York state and federal courts, … [Read more...]
Ryan Menerey Joins Reverse it!
February 2, 2012 by
Urban Financial Group Inc. See more here: Ryan Menerey Joins Reverse it! … [Read more...]
NAMB Backs Obama Administration-Led Housing Crisis Solutions
February 2, 2012 by
The National Association of Mortgage Brokers (NAMB)—the Association of Mortgage Professionals, has announced its support of the Obama Administration in its efforts to seek out ways to address the nationwide housing crisis. NAMB supports three areas in the Obama Administration’s recommendations … [Read more...]
Mortgage Apps See 2.9 Percent Weekly Dip
February 1, 2012 by
For the week ending Jan. Originally posted here: Mortgage Apps See 2.9 Percent Weekly Dip … [Read more...]
Home Prices Continue to Slide in Latest Case-Shiller Report
January 31, 2012 by
Data through November 2011, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, showed declines of 1.3 percent for both the 10- and 20-City Composites in November over October. More: Home Prices Continue to Slide in Latest Case-Shiller Report … [Read more...]
LPS Seeks Dismissal of Deceptive Practices Charges Filed by Nevada AG
January 31, 2012 by
Lender Processing Services Inc. (LPS) has responded to the civil complaint filed by Nevada Attorney General Catherine Cortez Masto against LPS, DOCX LLC, LPS Default Solutions Inc. Click to continue See original article: LPS Seeks Dismissal of Deceptive Practices Charges Filed by Nevada AG … [Read more...]
RFC Adds Barry Habib to Lead Marketing Initiatives
January 31, 2012 by
Barry Habib has returned to the mortgage industry as the new chief market strategist for Residential Finance Corporation (RFC). Habib, an entrepreneur who created the Mortgage Market Guide, will provide his industry knowledge and forecasting abilities to RFC’s retail branching division. Click to … [Read more...]