feedburner

• Apartment Loan Performance Leads CMBS Improvement February 22, 2012
  Led by improving multifamily performance, past-due payments on securitized commercial mortgages retreated — though so did the overall amount outstanding. Delinquency of at least 60 days on loans that are part of conduit-fusion commercial mortgage-backed securities was 2 basis points better during January than in December. But late payments on securitized com […]
• Quarterly Production Outlook Lifted February 22, 2012
  A key outlook for home-loan originations during the first three months of 2012 was raised, though business is expected to fall for the rest of the year. There is no end in sight for continued contraction in the country’s collective outstanding mortgages. The forecast for residential production during the three months ended March 31 was raised [...] Related p […]
• Serious Delinquency Retreats February 22, 2012
  Serious home-loan delinquency relented after ascending each of the prior four months. The rate in Dallas declined, while defaults in Miami climbed. Residential delinquency of at least 90 days dropped 11 basis points between December and January on first mortgages. Late payments already had been up each month since August. Related posts: Purchases, Delinquenc […]
• Distressed Loan Servicer Reports Phenomenal Growth February 22, 2012
  A mortgage servicer that specializes in distressed loans has seen its staff nearly triple over the past six months. Wingspan Portfolio Advisors was launched in 2008 by Chief Executive Officer Steve Horne. By October 2009, Horne employed 39 employees. As of last September, headcount at Wingspan Portfolio Advisors had grown to 500, Horne said in an interview [ […]
• What's Next for Fannie and Freddie? February 22, 2012
  The next phase in conservatorship for Fannie Mae and Freddie Mac has been laid out for legislators. The Federal Housing Finance Agency was established through The Housing and Economic Recovery Act of 2008, which was signed into law by President George W. Bush in July 2008. By the time that the financial crisis reached a fever pitch [...] Related posts: The S […]
• Valuable Information on Mortgages for IT Contractors February 22, 2012
  Are you an IT contractor? If you are, you may know how hard it was to obtain IT contractor mortgages a few years ago. This is not the case today. Many financial institutions and mortgage brokers now specialize in mortgages for contractors like you. Source:Valuable Information on Mortgages for IT Contractors No related posts. Related posts brought to [...] No […]
• Tips for Getting Home Financing February 22, 2012
  There are many home finance solutions for people who want to buy a home. With all the various options for financing and loans, it is possible to get the house you’ve always dreamed of owning. The recent financial crisis has taught us to be a little more careful with our finances, which is why it [...] No related posts. Related posts brought to you by Yet Ano […]
• Why and When to Opt for Mortgage Refinancing February 22, 2012
  If you find it tough to repay your original mortgage loans, you can think of opting for it. The comparatively favorable mortgage refinancing rates help you a lot in paying off your mortgage loans more easily. It is the replacement of the original mortgage loan by a new mortgage with better terms and conditions. Source:Why and [...] No related posts. Related […]
• MBS RECAP: 2/21/2012 February 21, 2012
  Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 102-30 : -0-03 FNMA 4.0 104-31 : -0-01 FNMA 4.5 106-14 : +0-01 FNMA 5.0 107-30 : +0-01 GNMA 3.5 104-16 : +0-00 GNMA 4.0 107-16 : +0-03 GNMA 4.5 108-30 : +0-03 GNMA 5.0 110-26 : +0-01 FHLMC 3.5 102-25 : +0-02 FHLMC 4.0 104-21 : +0-02 FHLMC 4.5 106-01 : +0-03 FHLMC 5.0 107-18 : +0-0 […]
  dlathan
• Appraisal Compliance Key to New Offerings February 21, 2012
  A spectrum of new appraisal services has recently hit the market, and the one common theme among the offerings is compliance. As the number of appraisal management companies seems to continually be increasing, many are enhancing their services with technology. Meanwhile, affordable alternatives to full appraisals that promise more than broker price opinions […]