Exhibía ® The Only Facebook Approved Bidding Fee Auction App

Author:  //  Category: Mortgage

Exhibía ® is the first bidding fee auction app officially approved by Facebook. Viva la “competitive social shopping” Watch your back eBay, here comes Exhibía

TURKU, FINLAND, May 30, 2015 /EINPresswire.com/ — All the hype is around Exhibía…

Exhibía ® The Only Facebook Approved Bidding Fee Auction App

Share/Save/Bookmark

Leaders in Creative Print Graphics Sundrop Printing Announces Grand Opening of new Kannapolis, NC Location

Author:  //  Category: Mortgage

Finding a resource for high quality, creative and affordable print graphics in the Kannapolis, Charlotte and Concord, NC area has just become much more simple.

KANNAPOLIS, NORTH CAROLINA, UNITED STATES, May 29, 2015 /EINPresswire.com/ — Leaders in the …

Originally posted here:
Leaders in Creative Print Graphics Sundrop Printing Announces Grand Opening of new Kannapolis, NC Location

Share/Save/Bookmark

Sunstone Opportunity (No. 2) Realty Trust Announces its Final Special Distribution to Unitholders

Author:  //  Category: Mortgage

… , resulting primarily from the US sub-prime mortgage crisis. It is gratifying to …

Here is the original:
Sunstone Opportunity (No. 2) Realty Trust Announces its Final Special Distribution to Unitholders

Share/Save/Bookmark

COFI Slips Again

Author:  //  Category: Mortgage

For the second month in a row, the Cost of Funds Index has moved lower — though the drop was minimal.

As of April, the 11th District COFI was 0.680 percent, according to data from the Federal Home Loan Bank of San Francisco.

The index slipped compared to the previous month, when it was 0.687 percent. It was the second consecutive month COFI moved lower.


Excerpted from:
COFI Slips Again

Share/Save/Bookmark

FHA, Jumbo Out Front in Holiday Mortgage Decline

Author:  //  Category: Mortgage

New mortgage activity slowed as expected during the holiday week, and it was government-insured and jumbo business that led the decline.

The U.S. Mortgage Market Index from LoanSifter/Optimal Blue and Mortgage Daily landed at 128 for the week ended May 29.

The index — a measure of average product-and-pricing inquiries by clients of LoanSifter — tumbled 13 percent from the previous week and was down by more than a fifth from the same week last year.


FHA, Jumbo Out Front in Holiday Mortgage Decline

Share/Save/Bookmark

GreatBridge Consulting Announces Expansion, Move of Headquarters and State-of-the-Art Systems

Author:  //  Category: Mortgage

Changes Reflect Company’s Continued Growth and Commitment to Client Service

WASHINGTON, DC, USA, May 29, 2015 /EINPresswire.com/ — GreatBridge Consulting, Inc., a national consulting firm providing expert testimony, valuation and surveys for …

See the rest here:
GreatBridge Consulting Announces Expansion, Move of Headquarters and State-of-the-Art Systems

Share/Save/Bookmark

Point Quicken in Litigation Match With Government

Author:  //  Category: Mortgage

The government was dealt a blow in the dueling lawsuits filed by Quicken Loans Inc. against the Department of Justice and by the Justice Department against Quicken.

Last month, the Detroit-based lender filed a complaint in U.S. District Court for the Eastern District of Michigan in an apparent preemptive strike.

Days later, the Justice Department sued Quicken in U.S. District Court for the District of Columbia alleging shoddy underwriting  on loans insured by the Federal Housing Administration.


Read the rest here:
Point Quicken in Litigation Match With Government

Share/Save/Bookmark

The Last Mortgage Crisis Bet Will Soon Be Over

Author:  //  Category: Mortgage

… value from bad mortgages.
The last vestiges of the mortgage crisis can … of one of the largest subprime mortgage companies leading up to the … suing the originators of the mortgages it packaged. Byzantine analyses flourished … a fortune betting on the mortgage collapse with derivatives. Paulson was …

Go here to see the original:
The Last Mortgage Crisis Bet Will Soon Be Over

Share/Save/Bookmark

Wholesaler Settles Charges of Discrimination

Author:  //  Category: Mortgage

One of the nation’s 25-largest lenders has settled allegations that minority borrowers were charged higher rates and fees on loans originated through its wholesale lending channel.

Provident Funding Associates LP ranked among the 25-biggest residential lenders last year based on the Mortgage Daily 2014 Mortgage Origination Survey.

While the Santa Rosa, California-based company originates through correspondent, retail and wholesale production channels — mortgage brokers were responsible for 63 percent of its first-quarter 2015 production.


Source:
Wholesaler Settles Charges of Discrimination

Share/Save/Bookmark

NY Town Using Eminent Domain on Zombie Properties

Author:  //  Category: Mortgage

City officials in a small town in New York have decided to utilize the threat of eminent domain to prompt mortgage servicers to clean up zombie properties.

Glen Falls is located near the eastern border in the Empire State. The population of the city was less than 15,000 people as of 2013, according to Census Bureau data.

The Glen Falls Common Council recently held a workshop meeting to deal with how to handle homes that are deteriorating and unkempt during the foreclosure process.


View post:
NY Town Using Eminent Domain on Zombie Properties

Share/Save/Bookmark