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RISKSPAN Hires Mortgage Industry Leader Brad Davis as Managing Director 30 Apr 2013 | 10:53 pm
To support the growth in its consulting sales and delivery activities, today RiskSpan President and CEO Bernadette Kogler announced the hiring of Brad Davis as Managing Director. RiskSpan is known for...
Trez Capital Senior Mortgage Investment Corporation Fully Deploys Capital from Recent IPO 30 Apr 2013 | 10:52 pm
Trez Capital Senior Mortgage Investment Corporation (the “Company” or “Senior MIC”) announced today that the net proceeds from its Initial Public Offering (“IPO”) have been fully deployed in 22 Canadi...
Home Prices Rise in February 2013 30 Apr 2013 | 10:51 pm
Data through February 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller (1) Home Price Indices, the leading measure of U.S. home prices, showed average home prices increased 8.6% ...
Mayflower Bancorp Reports Fourth Quarter And Annual Earnings 30 Apr 2013 | 10:51 pm
Mayflower Bancorp, Inc. (NASDAQ Global Market: MFLR), the holding company for Mayflower Bank, today reported net income of $297,000 or $0.14 per share the fourth quarter ended March 31, 2013, compared...
AllRegs to Publish Norcom Mortgage Lending Library of Mortgage Underwriting Guidelines 27 Apr 2013 | 08:40 pm
AllRegs will publish Norcom Mortgage’s lending library of mortgage underwriting guidelines. Norcom Mortgage is going to leverage the AllRegs technology platform and publishing expertise to manage and ...
Low Mortgage Rates Driving Record Home Affordability 10 Apr 2013 | 08:16 pm
Thanks to historically low interest rates, American homeowners paid almost 37 percent less per month in mortgage payments in the fourth quarter compared to pre-housing-bubble norms – even as homes the...
Data Shows Seasonal Increase in Loan Cures, Rise in Modification Activity After Decline 10 Apr 2013 | 08:14 pm
The February Mortgage Monitor report released by Lender Processing Services (NYSE: LPS) found an increase in loan “cure” rates (those loans that were delinquent in the prior month and are now current)...
Genpact Study: New Regulations and the Economy Act as Catalysts to Drive Streamlining of Processes in the Mortgage Industry 5 Dec 2012 | 07:24 pm
A study sponsored by Genpact Limited (NYSE: G), a global leader in business process management and technology services, has found that new regulations and a challenging housing recovery environment wi...
LPS’ October Mortgage Monitor: Foreclosure Starts Down 5 Dec 2012 | 07:18 pm
The October Mortgage Monitor report released by Lender Processing Services (NYSE: LPS) showed a significant decline in foreclosure starts for the last two months – down 21.9 percent in October and alm...
Bankrate Says Mortgage Rates at New Record Lows 31 May 2012 | 09:07 pm
This week brought yet another record low in mortgage rates, with the average 30-year fixed mortgage rate falling to the record low of 3.94 percent according to Bankrate.com’s weekly national survey. T...
