The refinance share of mortgage applications broke with several weeks of activity by falling below 80 percent last week, even while more borrowers took advantage of the expanded Home Affordable Refinance Program. See original article: HARP Shows Pull Even While Refi Applications Dip: MBA … [Read more...]
FDIC-Insured Institutions Earn $26.3 Billion in Q4
February 28, 2012 by
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of $26.3 billion in the fourth quarter of 2011, a $4.9 billion improvement from the $21.4 billion in net income the industry reported in the fourth quarter of 2010. This … [Read more...]
ClosingCorp Launches New Mortgage Calculator
February 28, 2012 by
ClosingCorp has announced the introduction of its SmartClosing Mortgage Calculator, which allows homebuyers to shop for mortgages and estimate closing costs for any residence in the country. San Diego-based Z57 Inc., a real estate Internet solutions provider, will implement the tool to enable its … [Read more...]
Fulbright and Jaworski Adds Two Mortgage Specialists
February 28, 2012 by
Two seasoned business litigation lawyers, focusing on mortgage banking and class action defense, have joined the Minneapolis office of Fulbright & Jaworski LLP as partners. Robert J. Read this article: Fulbright and Jaworski Adds Two Mortgage Specialists … [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...]
Maryland Man Nabbed in $2.2 Million Mortgage Fraud Scam
February 24, 2012 by
Thomas E. Green of Ocean City, Md. has pled guilty to fraudulently securing nearly $2.2 million in loans to purchase five properties in Cape Charles, Va. Neil H Read More: Maryland Man Nabbed in $2.2 Million Mortgage Fraud Scam … [Read more...]
360 Mortgage Group Adds Closing Doc Functionality to Its Broker Network
February 23, 2012 by
360 Mortgage Group has announced the release of Broker Docs, a closing document clearing functionality now available online to all 360 Mortgage Group brokers. Click to continue See the original article here: 360 Mortgage Group Adds Closing Doc Functionality to Its Broker Network … [Read more...]
DRI Adds New Sales Position, Promotes Schaefer to SVP
February 22, 2012 by
Bolstering support for its executive sales and client activities , DRI Management Systems, Inc., is enhancing its leadership lineup. The technology solutions company has hired Michael J See the article here: DRI Adds New Sales Position, Promotes Schaefer to SVP … [Read more...]