Monday Morning Cup of Coffee: Bubble, bubble, toil and trouble

Monday Morning Cup of Coffee: Bubble, bubble, toil and trouble

Plus, is the market for mortgages beginning to thaw?

Mortgages not all bad news for Suntrust Banks’ earnings

Mortgage-servicing income buoys earnings

Where's Watt?

FHFA scorecard should be marked tardy
W S

Lending

Mortgages not all bad news for Suntrust Banks’ earnings

Mortgage-servicing income buoys earnings
April 21, 2014
Like most banks this earnings season, Suntrust posted a decline in mortgage production income. However, mortgages did not bring all bad news for the bank.
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California dreaming? Be prepared to pay up

State is home to the 8 most expensive cities to buy a home
April 18, 2014
It basically takes gold to live in the Golden State.
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Revolving door starts turning as WFC hires two former CFPB execs

Both will deal with home loan capital markets division
April 18, 2014
The door turns in Washington, D.C. as Wells Fargo recruits executives from the Consumer Financial Protection Bureau.
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Top 5 cities where safety is not a question

Number one shouldn't be a shocker
April 18, 2014
Given our recent list of the top 10 most dangerous suburbs, now might be a good time to note which cities are pouring the most money into safety. One city recorded 30 fire personnel for every 10,000 residents.
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RE/MAX: March home sales build momentum for 2014

All 52 metro areas record increase in sales
April 18, 2014
March home sales increased over the previous month for the first time in 2014, rising 24.6% from February, in addition to all 52 metro areas surveyed reporting an increase in sales over February.
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Home-loan payoffs in Colorado fall to 5-year low

April 17, 2014
According to a new report released today by the Colorado Division of Housing, public trustees in Colorado released a total of 50,128 deeds of trust during the first quarter of 2014, which was the lowest quarterly total recorded since the Division began collecting quarterly totals in 2008.
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Axios Valuation Solutions approved as AMC for Flagstar Bank

April 17, 2014
“We are privileged to be a part of the Flagstar Bank family of vendors,” said Tony Pistilli, executive vice president and chief appraiser with Axios. “Flagstar is an industry leader in the mortgage origination sector and we are honored to partner with them."
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TitleOne names Mark Tidd CEO, promotes four executives

April 17, 2014
TitleOne Corp., an Idaho-based title and escrow company, named Mark Tidd as its CEO.
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Despite 1Q earnings falling, Goldman Sachs beats estimates

April 17, 2014
Goldman Sachs reported that its first-quarter net income decreased 10%, posting a net income of $2.03 billion.
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Key MERS legal employees turn away from company

Company now under federal scrutiny
April 17, 2014
Now almost two decades after the creation of the Mortgage Electronic Registration Systems, the once under-the-radar company is back in the spotlight as a handful of executive-level employees leave.
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