How tiny mortgage rate moves can buy you a lot
Mortgage rates are still much lower than they were a year ago. Heading the busiest home buying season, how much buying power do you have?
Fitch Rates J.P. Morgan Mortgage Trust 2015-IVR2
Fitch Ratings assigns the following ratings to J.P. Morgan Mortgage Trust 2015-IVR2 :
Mortgage applications increase as rates fall
Mortgage applications increase 0.1% as bonds rally The Mortgage Bankers Association (or MBA) Applications Index rose 0.1% after falling 3.5% the week before. Mortgage applications had been mired at lows……
Stonegate Mortgage Appoints R. Douglas Gilmore as Chief Information Officer
Stonegate Mortgage Corporation , a leading, publicly-traded mortgage company announced today that R. Douglas Gilmore has been appointed to the role of Chief Information Officer, to lead IT and technology efforts, including the development of Stonegate Connect.
Hunt Mortgage Group Refinances a Multifamily Property Located in Rochester, New York
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $2.0 million Fannie Mae loan facility to refinance 150 Park Avenue and Mount Hope Manor Apartments.
Builders Capital Mortgage Corp. Reports 2014 Fourth Quarter and Year-End Results
Builders Capital Mortgage Corp. today released financial results for the three and 12 months ended December 31, 2014. The three-month period represents the fourth quarter of the company's 2014 fiscal year, …
Ocwen Financial (OCN) Stock Climbing Today Following Mortgage Servicing Rights Sale
NEW YORK (TheStreet) — Shares of Ocwen Financial Corp. are climbing, higher by 3.75% to $9.96 in midday trading Monday, following the company's announcement from earlier today that it signed an agreement in principle to sell its mortgage servicing rights to non-bank residential mortgage servicer Nationstar Mortgage Holdings Inc. . Ocwen Loan Servicing will sell its $9.8 billion portfolio of …
Mortgage volume falls on higher rates
Higher interest rates brought loan application volume down 9 percent last week, the Mortgage Bankers Association says.
Seniors Explain: Why We Got a Reverse Mortgage
Two reverse mortgage borrowers explain their reasons for getting the loans.
All the ways mortgage lenders game the rules to their own benefit
Refused a cheaper loan? Told you can't take your mortgage when you move home? Banks are rejecting loyal customers – cynically citing new regulations as the reason