Be brave and start RBS sale

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… Mac, the mortgage intermediaries at the heart of the sub-prime mortgage crisis, are … US Department of Justice over mortgage securities. But RBS isn’t …

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Be brave and start RBS sale

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Surprise Record Low for COFI

Author:  //  Category: Mortgage

While other short-term indices have been on the rise lately, the Cost of Funds Index tumbled to an all-time low.

COFI, which is used to determine rate and payment changes on some adjustable-rate mortgages, was down one basis point in June.

It was the lowest level ever for the index based on the oldest available data going back to July 1981.


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Surprise Record Low for COFI

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ALEX BRUMMER: The Treasury should be brave and start selling RBS shares

Author:  //  Category: Mortgage

… Mac, the mortgage intermediaries at the heart of the sub-prime mortgage crisis, are … US Department of Justice over mortgage securities. But RBS isn’t …

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ALEX BRUMMER: The Treasury should be brave and start selling RBS shares

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Jumbo Surge Despite Weekly Mortgage Activity Drop

Author:  //  Category: Mortgage

Though weekly mortgage activity fell back, jumbo mortgage business leapt ahead in spite of a less favorable jumbo-conforming spread.

In the week ended July 31, the U.S. Mortgage Market Index from OpenClose and Mortgage Daily was 133.

The index, a reflection of average product-and-pricing inquiries per OpenClose user, was down six percent from the previous week and tumbled 21 percent from the same week last year.


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Jumbo Surge Despite Weekly Mortgage Activity Drop

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Excellent Month at Fannie Mae

Author:  //  Category: Mortgage

New business ascended at the Federal National Mortgage Association, while home loan delinquency fell to a new post-crisis low.

Fannie Mae’s new business acquisitions moved up 10 percent in the month of June compared to the previous month.

The Washington-based secondary mortgage lender disclosed the operational metrics, as well as other data, in its regular monthly operational report.


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Excellent Month at Fannie Mae

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Nexcopy introduces Time Expiration for USB Copy Protection

Author:  //  Category: Mortgage

Nexcopy can now restrict users from viewing files after a specific date and time on their USB copy protected content.

LAKE FOREST, CA, USA, July 31, 2015 /EINPresswire.com/ — Lake Forest, CA — August, 2015 — Nexcopy Inc., introduces time expiration …

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Marcia Phillips Retires as President/CEO of Guardian Mortgage; Russell Anderson is New President/CEO

Author:  //  Category: Mortgage

Guardian Mortgage Company, Inc. announced today that Marcia F. Phillips, its President and Chief Executive Officer since 1988, has retired.

DALLAS, TEXAS, USA, July 31, 2015 /EINPresswire.com/ — Guardian Mortgage Company, Inc. (“Guardian Mortgage”), a …

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Marcia Phillips Retires as President/CEO of Guardian Mortgage; Russell Anderson is New President/CEO

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First Republic Bank’s Mortgage Originations Soar

Author:  //  Category: Mortgage

Quarterly home lending activity at First Republic Bank was up by nearly half. Also increasing was the servicing portfolio and income.

Residential loan originations during the three months ended June 30 worked out to 48 percent more than was funded in the first quarter.

The San Francisco-based financial institution revealed the operational figures, and well as financial data, in its second-quarter earnings report.


First Republic Bank’s Mortgage Originations Soar

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New Real Estate Brokerage Claims Domain of Southwest Florida

Author:  //  Category: Mortgage

Jerry Bodart's Domain Realty is posed to have a commanding presence in Southwest Florida’s competitive real estate market

NAPLES, FLORIDA, U.S., July 31, 2015 /EINPresswire.com/ — After more than 15 years of enviable professional success in serving …

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New Real Estate Brokerage Claims Domain of Southwest Florida

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Washington Appraiser Recognized Nationally

Author:  //  Category: Mortgage

A real estate appraiser has been recognized by a national appraisal association for his ethics and contributions to the industry and community.

The Appraisal Institute held its 2015 Annual Meeting, AI Connect, this week at the Sheraton hotel in Dallas.

The event, which lasted three days, included a number of educational sessions as well as an awards and recognition dinner on the final day.


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Washington Appraiser Recognized Nationally

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