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New Trend in Mortgage Trade Organizations?

2:37 pm   -   December 29th, 2006

The New Hampshire Mortgage Bankers and Brokers Association voted unanimously to align their organization with the National Mortgage Broker’s Association beginning in 2007. The New Hampshire organization has long been a member of the National Mortgage Banker’s Association even though the composition of the state chapter includes both bankers and brokers. (more…)

Argent Mortgage Announces 80/20 SIVA Loan Program

2:30 pm   -   December 27th, 2006

Argent Mortgage, the wholesale and correspondent lending subsidiary of Ameriquest Mortgage Corporation, recently announced their new “80/20 SIVA” program. This loan program features 100% financing through a 2 loan transaction and provides stated income documentation for self-employed borrowers. The move is yet another in Argent’s recent (more…)

First Franklin Announces a New “LITE” Credit Mortgage

2:27 pm   -   December 27th, 2006

In an effort to make processing sub-prime loans easier and faster, First Franklin introduces their new “LITE” credit program. Essentially this program provides applicants (more…)

Taylor, Bean & Whitaker Mortgage Open Correspondent Lending Division, Provide Jobs for Former WAMU Execs

12:53 am   -   December 2nd, 2006

When Washington Mutual(NYSE:WM) announced the closing of their correspondent lending division earlier this year it was part of the restructuring of their mortgage lending and portfolio servicing strategy. WAMU also sold about 1/3rd of it’s loan servicing portfolio, including all of their government loan servicing to Wells Fargo (NYSE:WFC).

But those who worried about the management team at Washington Mutual need worry no more. (more…)



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HRC Closes on $2.8M Mortgage Loan
NEW YORK CITY-Hudson Realty Capital has closed on a $2.8-million first mortgage loan secured by an 8.9-acre industrial park in Staten Island, GlobeSt.com has exclusively learned. The borrower was not disclosed; the loan was used to buy the existing first
Woods takes out $54M mortgage on Fla. estate
JUPITER ISLAND, Fla. - Fresh off his divorce, Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments to an entity called JRD Florida Ventures
Woods takes out $54M mortgage on Fla. estate
JUPITER ISLAND, Fla. - Fresh off his divorce, Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments to an entity called JRD Florida Ventures
Mortgage Bankers group spent $745K lobbying in 2Q
WASHINGTON - The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system. That's down from the $761,000 the group spent
Mortgage Bankers group spent $745K lobbying in 2Q
WASHINGTON - The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system. That's down from the $761,000 the group spent
Comments Requested on Mortgage Interest Statement Form
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Homeowners arent likely to face higher mortgage costs for the next month and ...
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Mortgage interest rates set record lows
WASHINGTON, Sept. 2 (UPI) -- Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Freddie Mac said "modest inflation expectations" contributed to the drop in
Mortgage interest rates set record lows
Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Freddie Mac said "modest inflation expectations" contributed to the drop in interest rates for 15-year and
Yorkshire Building Society cuts first-time buyer mortgage rate
Yorkshire Building Society has reduced the rate of one of its home credit deals.Yorkshire Building Society yesterday (September 1st) announced that it is to further reduce the rate on its home credit deal designed for people looking to get their foot on
Mortgage deals 'generally cheaper in Scotland'
Scotland offers generally cheap mortgage deals, an expert has said.People searching for cheap home credit deals might be advised to look north of the border for the best available mortgage products following the recession. That is according to David
UPDATE 1-U.S. mortgage rates hit record low - Freddie Mac
(Adds quotes, background, details from survey) By Julie Haviv NEW YORK, Sept 2 (Reuters) - U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday
Mortgage interest rates set record lows
WASHINGTON, Sept. 2 (UPI) -- Average interest rates for long-term mortgages set record lows in the week ending Sept. 2, the U.S. Federal Home Loan Mortgage Corp. said Thursday. Freddie Mac said "modest inflation expectations" contributed to the drop in
Mortgage rates at record lows
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com. NEW YORK (Reuters) - U.S.

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