As demand for mortgage loans rises and underwriting standards slowly ease, many banks reported increasing mortgage activity in their Q2 earnings reports.
Read More »Housing Market Heats Up Along With Summer
Brisk demand is keeping home sales high, according to RE/MAX.
Read More »Chase’s Mortgage Banking Revenue Climbs After Changes
Chase has made some significant changes to its mortgage banking division in the last few months, and those changes seem to be paying dividends.
Read More »Foreclosed Home Values Skyrocketing Since Crisis
Foreclosed homes that met their fate during the housing crisis are gaining value nearly twice as much as other homes—but with no benefit to the original owners of the homes.
Read More »Fed Reports Strengthening Housing Activity
The Federal Reserve found strong growth in single-family housing in its latest Beige Book despite low inventories.
Read More »Landmark Network Appoints New Chief Strategy Officer
Landmark Network, Inc., a California-based provider of valuation management services and technology for mortgage lenders and mortgage brokers, has announced the addition of Robert Scheer to the company as Chief Strategy Officer.
Read More »Fifth Third Names New SVP of Mortgage Division
Edward L. Robinson has been named SVP and head of Fifth Third Mortgage, where he will be responsible for overseeing all mortgage-related functions at Fifth Third.
Read More »Freddie Mac: Lessons Learned from the Crisis
The mortgage servicing industry has become stronger and more efficient in a post-crisis world, according to Freddie Mac.
Read More »Senators Probing Effectiveness of FHFA’s Watchdog
Two Senate Committee Chairmen are seeking more information from the FHFA's Office of Inspector General on the OIG's finances, hiring and firing practices, organizational chart, and retaining of private attorneys.
Read More »Counsel’s Corner: Look Out for Manufactured RESPA Lawsuits
Kirby McDonough, a member of Quarles & Brady's Commercial Litigation Practice Group, spoke with DS News about the growing number of “manufactured” lawsuits claiming alleged RESPA violations that have sprung up in the wake of the decline in foreclosures—and how to prepare yourself to deal with these types of lawsuits.
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