Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling

Fannie Mae: Lenders ask these 4 questions about MSRs

All about transfer and execution

Fidelity National bails out Landcastle Title

Discovered “substantial account misappropriations”
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Items Tagged with 'MBA'

ARTICLES

Mortgage applications rise 2.8% after weeks of low interest rates

Refinance share continues to grow hitting 56%
Trey Garrison
Mortgage applications increased 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 22, 2014.
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Closing a mortgage finally makes money

Breaks 6 quarters of straight losses
Brena Swanson
After mortgage banker costs skyrocketed the past 6 quarters, well out of the realm of profitability, the latest Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association reports the landscape shifted from losing money to making money, as costs came more under control.
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HousingWire asks if immigrants can save housing, Fannie Mae answers yes

Immigrant ownership grew as native ownership dropped in the 2000s
Trey Garrison
Immigrant homeownership rates grew through the 2000s even as native-born homeownership declined after the bubble burst.
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Mortgage applications rise 1.4% even as government mortgages drop

Refinancings increase to 55% share of mortgage application activity
Trey Garrison
Mortgage applications increased 1.4% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 15, 2014.
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3 reasons mortgage apps don't reflect housing strength

The growing disconnect between apps and sales
Brena Swanson
Mortgage applications continue to hover around the same level, while home sales keep rising. A new reports digs into why, citing three factors for the disconnect.
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New home applications rise in July

Reverses June’s decline
Ben Lane
July’s increase recaptured some of June’s decline in new home purchase applications, when applications fell 5% from May’s total.
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Mortgage applications dip 2.7%

Rates post little movement
Brena Swanson
Mortgage applications fell 2.7% from one week earlier, losing any gains made last week. Meanwhile, the refinance share of mortgage activity declined to 54% of total applications from 55% the previous week.
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SIFMA says FHFA must raise g-fees but carefully

Must strike balance protecting GSE MBS, bringing in private capital
Trey Garrison
Slow, steady and measured is how the Securities Industry and Financial Markets Association thinks the Federal Housing Finance Agency should approach raising Freddie Mac and Fannie Mae guarantee fees.
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MBA: Here’s why delinquency and foreclosure rates continue to drop

Delinquencies drop to lowest level since late 2007
Trey Garrison
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.04% of all loans outstanding at the end of the second quarter of 2014.
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Mortgage applications tick up 1.6% for week as refis grow

Mortgage activity still well below YOY even as rates hold
Trey Garrison
Mortgage applications increased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 1, 2014.
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