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 Mortgage Lending
· Safeguard Properties Promotes Five Staffers to New
· February loan mod data report finds permanent mods
· Wells Fargo surpasses 500,000 loan mod mark
· Federal Watchdog Questions Treasury`s Actions to P
· Fitch Sees Greater Stability for RMBS...When Droug

 Mortgage Banking
· Safeguard Properties Promotes Five Staffers to New
· February loan mod data report finds permanent mods
· Wells Fargo surpasses 500,000 loan mod mark
· Federal Watchdog Questions Treasury`s Actions to P
· Fitch Sees Greater Stability for RMBS...When Droug


National - Mortgage Bankers

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At City 1st Mortgage Services We Know That Finding The Right Loan, Is Just As Important… As Findi
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Industry Daily News

Mortgage Lending News     Click to continue . . .


  •   Safeguard Properties Promotes Five Staffers to New Positions
Five team members of Safeguard Properties were recently promoted to newly-created positions within the company. These new positions are part of an organizational restructuring to better serve clients and accommodate Safeguard's current and anticipated growth, the company said.
DSNews.com,Admin,   03/13/2010

  •   February loan mod data report finds permanent mods increased by 45 percent
The U.S. Department of the Treasury and the U.S. Department of Housing & Urban Development (HUD) have released February data for the Administration`s Home Affordable Modification Program (HAMP). As of the end of the month, more than one million borrowers were receiving a median savings of $500 each month, a 36 percent median monthly payment decrease. Permanent modifications have been granted to 170,000 homeowners and an additional 91,800 permanent modifications have been approved by servicers and are pending only borrower acceptance. Highlights of the report include:
NationalMortgageProfessional.com,NMP Media Services,   03/12/2010

  •   Wells Fargo surpasses 500,000 loan mod mark
Wells Fargo & Company is reporting that as of Feb. 28, the company had 505,832 active trial and completed modifications through its own modification programs and the federal Home Affordable Modification Program (HAMP). More than 365,000 of those were non-HAMP active trials in place as of the end of February 2010 and modifications completed since the beginning of 2009. Wells Fargo had 139,065 HAMP active trial and completed modifications in place as of Feb. 28, including 24,975 permanent modifications and 7,533 permanent modifications pending completion.
NationalMortgageProfessional.com,NMP Media Services,   03/12/2010

  •   Federal Watchdog Questions Treasury`s Actions to Preserve GMAC
The Congressional Oversight Panel (COP) recently released a report finding that throughout the federal bailout of GMAC, "Treasury missed opportunities to increase accountability and better protect taxpayers' money." Moving forward, the COP said Treasury should clearly articulate its exit strategy from GMAC.
DSNews.com,Admin,   03/12/2010

  •   Fitch Sees Greater Stability for RMBS...When Drought Ends
More traditionally underwritten and higher credit quality loans will be the norm when the U.S. residential mortgage-backed securities (RMBS) market for newly-originated loans re-opens, according to Fitch Ratings. The agency says investors can expect better performance because lenders are returning to a more traditional style of lending, with loans containing better credit, full documentation, and less leverage.
DSNews.com,Admin,   03/12/2010

  •   Surveys Debunk Appraisal Industry Misconceptions
A new survey conducted by the Title/Appraisal Vendor Management Association (TAVMA) and the annual appraisal industry survey from Coester Appraisal Group shed light on what is really happening in the appraisal industry.
DSNews.com,Admin,   03/12/2010

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National - Mortgage Bankers

⇒ L&G Mortgagebanc
Rank: 1107   CID: 402943   New: 10/29/2008   Mod: 04/13/2009
⇒ Supreme Lending
Rank: 1080   CID: 403326   New: 01/09/2009   Mod: 01/26/2009
⇒ Freedom Mortgage Corporation
Rank: 1047   CID: 403061   New: 11/24/2008   Mod: 11/24/2008
⇒ Americanfha
Rank: 1047   CID: 402975   New: 11/04/2008   Mod: 11/04/2008
⇒ Envoy Mortgage
Rank: 1038   CID: 402781   New: 10/06/2008   Mod: 10/06/2008
⇒ Mortgage Bankers Group
Rank: 954   CID: 402999   New: 11/11/2008   Mod: 11/11/2008
⇒ Residential Home Funding
Rank: 924   CID: 402906   New: 10/22/2008   Mod: 10/22/2008
⇒ Integrity Mortgage Group
Rank: 856   CID: 402967   New: 11/03/2008   Mod: 11/03/2008
⇒ Chicago Financial Solutions
Rank: 713   CID: 403048   New: 11/20/2008   Mod: 11/20/2008
⇒ Residential Finance Corporation
Rank: 557   CID: 402021   New: 06/17/2008   Mod: 06/17/2008
⇒ MyMortgageAssociate.com
Rank: 302   CID: 402834   New: 10/09/2008   Mod: 10/10/2008
⇒ Mortgage Investors Group
Rank: 30   CID: 402802   New: 10/08/2008   Mod: 10/08/2008
⇒ Find a mortgage
Rank: -29   CID: 402833   New: 10/09/2008   Mod: 10/09/2008
⇒ Bishop Lending Group
Rank: -30   CID: 402805   New: 10/08/2008   Mod: 10/08/2008
⇒ Amerinational Community Services Inc
Rank: -178   CID: 403089   New: 11/29/2008   Mod: 11/29/2008