Franklin American Mortgage Co. agreed to pay the U.S. government $70 million this past week to resolve allegations that the lender originated loans which failed to meet Federal Housing Administration guidelines.
Read More »WFG National Title Insurance Names New SVP, Regional Manager for Florida Agency Operations
WFG National Title Insurance Co., recently appointed Morton “Mo” Manassaram as senior vice president and regional manager for the agency’s Florida operations.
Read More »New Home Sales Keep Rising in November
New single-family home sales experienced continued growth in November, with the number of new home sales increasing on a seasonally-adjusted annual basis the U.S. Census Bureau and HUD reported Wednesday.
Read More »New Fannie Tool Expands Potential Aid for Troubled Borrowers
Fannie Mae has unleashed a new tool that will help servicers analyze additional borrower information to determine more quickly whether or not a distressed homeowner qualifies for a Fannie Mae loan modification.
Read More »Quicken Loans Launches Innovative Loan Originations Platform
As the mortgage lending industry moves into the future, the next clear step for most lenders is to fully embrace next-gen tech solutions that will allow borrowers to complete their loan originations completely online.
Read More »Crystal Ball
As one year comes to a close and another lies before us—a blank slate of unknown possibility and uncertainty—it is natural to reflect on what’s passed and speculate what’s to come. Editor's note: This select print feature appears in the December 2015 edition of MReport magazine, available now.
Read More »5 Reasons Incentive Compensation Plans Should be Part of Your 2016 Growth Strategy
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Kelley Martins, Marketing Manager at LBA Ware explains how incentive compensation plans are a practical way to monitor origination performance.
Read More »Freddie Mac Expands Transparency on Loan-Level Data for Investors
Prior to these additions, the data available to investors remained limited to loan level data and loss data on 30-year, fixed-rate single-family loans.
Read More »Freddie Mac: Expect 2016 to Bring Rising Interest Rates, Home Sales
The government-sponsored enterprise expects 2016 to bring a ‘Jekyll and Hyde’ mentality to housing, despite the expected, negative influence of rising interest rates throughout the year.
Read More »Ocwen Finally Sees Some Relief as Complaints Fall
Ocwen Financial's mortgage servicing practices have been the center of much scrutiny among its customers but new data shows that this picture is slowly but surely changing.
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