Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower
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Items Tagged with 'Correspondent lending'

ARTICLES

First Guaranty Mortgage names Richard Donine to executive leadership team

January 8, 2014
First Guaranty Mortgage Corp. announced the appointment of Richard S. Donine as senior vice president national marketing director.
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Friday Funding: Embrace correspondent lending focuses on tailored solutions

November 15, 2013
In the latest installment of Friday Funding, we sit down with Jackie Weed, vice president and director of correspondent lending with Embrace Home Loans, to see how the lender thrives by focusing on the customer.
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PennyMac earnings tumble amid tight origination environment

REIT posts significant decrease in net loan servicing fees
November 6, 2013
Higher mortgage rates drove a significant contract in the mortgage origination market, leading to lower lock volume and reduced margins in PennyMac Real Estate Investment Trust's corresponding lending business.
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Friday Funding: Freedom Mortgage grows on correspondent business

November 1, 2013
In the latest installment of Friday Funding, we sit down with George Henley, executive vice president with Freedom Mortgage, to learn how the company's correspondent lending business is growing at a rapid pace.
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Friday Funding: Banc of California diversifies, operates across all origination channels

October 11, 2013
In the latest installment of Friday Funding, we sit down with Jeff Seabold, president of the residential lending division with Banc of California, to see how the lender diversifies its business by operating across all origination channels.
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Friday Funding: EverBank correspondent division positions itself for market shift

October 4, 2013
In the latest installment of Friday Funding, we sit down with Tom Wind, executive vice president of residential and consumer lending with EverBank Financial Corp., to learn how the lender is preparing for the inevitable shift from a refinance-centric market to a purchase-driven one.
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New Penn launches mini-correspondent division

Lending product popular among credit unions and community banks
October 1, 2013
The 46-state lender said under the program, mini correspondent clients originate loans, submit them to New Penn for underwriting. Once the lender gets the clear-to-close, they sell the loans back to New Penn post-funding.
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Impac Mortgage Holdings re-enters the warehouse lending business

The sea change continues with firms moving into warehouse, correspondent lending
September 30, 2013
Lender Impac Mortgage Holdings is the latest firm to shake up its lending operations by announcing plans to re-enter the residential warehouse lending business through a new division, Impac Warehouse Lending.
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Friday Funding: Gateway Mortgage Group stays personable in its growth mode

September 27, 2013
In the latest installment of Friday Funding, we sit down with Scott Henley, senior vice president of correspondent lending with Gateway Mortgage Group, to discuss how the lender maintains a personable rapport with its clients while still growing.
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Friday Funding: NexBank correspondent lending offers twist on traditional banking

September 20, 2013
In the latest installment of Friday Funding, we sit down with Gabe Medrano, a regional sales executive for the correspondent lending division of NexBank, to learn how the lender does business the old-fashioned way with a modern twist.
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