3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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Lending / The Ticker

Bank of America sets hearing for $8.5 billion mortgage bond

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Bank of America Corp.’s proposed $8.5 billion settlement with mortgage-bond investors is scheduled to be considered for approval by a state court judge in New York at a hearing beginning May 30.

Source: Bloomberg
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