Costs up, profits down: Closing a mortgage gets more expensive

Costs up, profits down: Closing a mortgage gets more expensive

In just one quarter the profit dropped $153 per loan

Blogatative Easing: Ben Bernanke, Brookings blogger

Return to the scene of the crime?

Mortgage brokers: Update your stump speech on mortgage lending, Mr. President

NAMB says mortgage brokers have been at forefront of reform
W S

Items Tagged with 'annual report'

ARTICLES

MBIA reports diving quarterly net income

Company struggling to get through restructure
Trey Garrison
MBIA reported an adjusted pre-tax loss of $84 million for the fourth quarter of 2013 compared with adjusted pre-tax income of $110 million for the fourth quarter of 2012.
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Fannie Mae finally profits Uncle Sam

Now will they start paying shareholders?
Trey Garrison
Fannie Mae is paying the U.S. Department of Treasury $7.2 billion, bringing its payments now to a level exceeding the total bailout it received. It still hasn't paid shareholders. It's unclear if it plans to. And it hasn't started paying back the bailout, either.
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