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Everything about mortgage

Everything about mortgage

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Things to know about mortgages

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  • MortgageDaily – FDIC Orders Jump

    Posted on Saturday November 28th, 2009 at 18:15 in General

    The Federal Deposit Insurance Corporation reported that it processed 86 matters in October. Actions against federally insured banks and thrifts soared from 48 reported for September. During October 2008, the FDIC processed just 40 actions.Read more...

  • MortgageDaily – New Execs at Reverse Lender, Net Branch & Other Firms

    Posted on Friday November 27th, 2009 at 18:17 in General

    Next Generation Financial Services announced last week that it has a new chief executive officer: Robert Cannon. The company originates reverse mortgages. NetMore America Inc. announced that John Cassell was hired as the newly created senior vice p...

  • MortgageDaily – 3 Services Providers Hire New CEOsk

    Posted on Friday November 27th, 2009 at 16:13 in General

    Timothy M. Walsh was appointed president of UnitedTech Lender Services Inc. Aklero Process Solutions Inc. said in a news release that Brian K. Fitzpatrick was hired as president and chief executive officer. Sandeep Sahai will take over as president...

  • MortgageDaily – Credit Unions Growing

    Posted on Wednesday November 25th, 2009 at 18:17 in General

    First mortgage assets at federally insured credit unions increased 4 percent from the end of last year, the National Credit Union Administration reported. Total assets were up 8 percent. Between the second quarter and the third quarter, credit union...

  • MortgageDaily – Lower Acquisitions, Record Delinquency at Fannie

    Posted on Tuesday November 24th, 2009 at 18:17 in General

    October new business acquisitions at Fannie Mae fell 15 percent from the previous month. Residential delinquency, reported on a one-month lag, climbed 27 basis points during September, the secondary lender said. The rate of delinquency was the highe...

  • MortgageDaily – More Multifamily Lenders Closing Less Loans

    Posted on Monday November 23rd, 2009 at 18:15 in General

    Multifamily originations during 2008 was down 41 percent from the previous year, the Mortgage Bankers Association reported. At the same time, the number of multifamily lenders rose 5 percent. Still, MBA commercial executive Jamie Woodwell called mor...

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