Google prepares to launch mortgage comparison tool

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.

Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn

Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference
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Items Tagged with 'Mortgage Banking'

ARTICLES

Mortgage Bankers Association adds 31 new members

See who joined the MBA in January
Ben Lane
The Mortgage Bankers Association announced that it welcomed 31 new members into its ranks in the month of January.
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Mortgage Bankers Association adds 21 new members

Closes 2014 with strong growth
Ben Lane
See who joined the Mortgage Bankers Association in the month of December.
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Fifth Third posts $1.5B net income in 2014, down 19%

Mortgage activity down 51% from 2013
Trey Garrison
Fifth Third Bancorp reported full year 2014 net income of $1.5 billion, down 19% from net income of $1.8 billion in 2013 and with a big drop in mortgage activity. Here are the details.
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BofA misses on revenues, posting $18.7B in 4Q

Originated $15B in mortgages in 2014; legacy costs down 38% YOY
Trey Garrison
While the cost of legacy asset services from the Countrywide portfolio were down, losses in consumer real estate service revenue were part of the reason BAC missed on revenues by a large margin. Here are the details.
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Wells Fargo posts $23.1B annual net income

4Q net income of $5.7B is up 2% YOY
Trey Garrison
Wells Fargo met expectations on the Street, but its mortgage business was down despite a pick up in quarterly originations. Here are the details.
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JPM posts $23.6B 4Q revenue, missing expectations by $40M

Annual revenue of $97.9B down 2% but with record profit of $21.8B
Trey Garrison
Mortgage activity for JPM improved in the fourth quarter, but quarterly and annual revenues were down while net revenue for the year hit a record $21.8 billion. Here’s how.
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FHFA approves Federal Home Loan Bank merger

FHLB Des Moines, FHLB Seattle one step closer to merging
Ben Lane
The merger of the Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank of Seattle is now one step closer to becoming a reality, as the Federal Housing Finance Agency has approved the merger. Next up is a vote by each bank's members.
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Mortgage Bankers Association adds 14 new members

MBA continues its growth
Ben Lane
See who joined the Mortgage Bankers Association in the month of November.
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St. Louis area mortgage company executive admits fraud

Could face 30 years for check fraud
Trey Garrison
A mortgage company executive in St. Louis is facing 30 years after pleading to floating checks between his business and banks to hide negative balances.
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Death of banker under mysterious circumstances makes 36 in 2014

ZeroHedge: Latest victim, ING banker, leaves behind ‘riddles’
Trey Garrison
This year saw a rash of reports of national and international bankers dying under odd, mysterious or questionable circumstances — some by suicide, some by other means. The 36th occurrence of the year, as it turns out, is no different.
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