Real Estate Mortgage Network Inc. (REMN) has welcomed Lisa Marra to their growing Columbia, Md View original post here: REMN Adds Lisa Marra as Area Renovation Sales Manager … [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...]
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...]
House Prices Hit Lows Not Seen Since 2002: Case-Shiller
February 28, 2012 by
Home prices reached fourth-quarter lows not seen since 2002, with the Standard & Poor’s/Case-Shiller Index yielding 3.8 percent in declines for December last year. The index found that prices fell 4 percent year-over-year, alongside 1.1 percent in month-over-month declines for 10- and 20-city … [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...]
Flagstar CEO Campanelli Projects Profitability fro 2012 as FHA and HUD Issues Are Resolved
February 27, 2012 by
Flagstar Bancorp Inc., the holding company for Flagstar Bank FSB, announced that it has entered into an agreement with the U.S. Department of Justice (DOJ) relating to underwriting practices associated with loans insured by the Federal Housing Administration (FHA) of the U.S. Department of Housing & … [Read more...]