Relatively new players to the world of Fannie Mae approvals are starting to gripe a little more about the volume curbs that the GSE is placing on its newbie customers. One mortgage banker, who spoke under the condition his name not be used, told Inside Mortgage Finance ...
Norton Wells, senior vice president of Bank of Americas mortgage resolution team, has left the company, industry officials confirmed to Inside Mortgage Finance.
Now that mortgage insurance claims are waning, and new business is on the rise again, theres increasing talk that Essent Guaranty might file papers to go public this year.
JPMorgan Chase is joining the ranks of banks laying off loan review staff now that theyve settled their foreclosure cases with the Comptroller of the Currency and the Federal Reserve.
What Were Hearing Certain mortgage bankers are using a four-letter word to describe the trifecta of final regulations unveiled by the CFPB the past two weeks, and as you might guess that word isnt love. The rules servicing, qualified mortgages and loan originator compensation will shape the industry for years to come... plus other mortgage industry happenings.
Real Estate Mortgage Network is on the verge of launching a new correspondent division what will use the trade name HomeBridge, a company official told Inside Mortgage Finance.