Profile

Cover photo
National Mortgage News
143 followers|13,758 views
AboutPostsPhotosVideos

Stream

National Mortgage News

Shared publicly  - 
 
"The philosophy" used to be "'Build it and they will come,'" said Daniel Hill, a senior vice president at Regions Bank. "We don't do that anymore." #mortgagenews  
Signs of optimism are growing for acquisition, development and construction loans as banks hone strategies in a market transformed by the crisis.
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
"One of the things that kept me up at night was what happens when this is all cleaned up? But the clean-up just took a lot longer than everyone thought." #mortgagenews  
—Dave Vida, President, LenderLive
The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving sector of the mortgage industry now finds itself declining in lockstep with the drop in loan delinquencies and foreclosures.
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
How far we've come! Or have we? The state-of-the-state, five years on. #DoddFrank #mortgagenews  
From CFPB and TRID to QM and ATR, the barrage of new abbreviations emanating from the Dodd-Frank Act has only been matched by the enormity of the changes it made to the mortgage industry. Here are 10 ways that the landmark financial reform legislation has reshaped the mortgage industry since becoming law five years ago.
1
1
Mark Prendergast's profile photo
Add a comment...

National Mortgage News

Shared publicly  - 
 
United Wholesale Mortgages has brought the product back for borrowers who meet specific qualifications. Is this good for the industry? #mortgagenews  
United Wholesale Mortgage has begun offering interest-only mortgages through its third party origination channels.
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
BREAKING: Steven Antonakes, No. 2 at the #CFPB, will step down. #mortgagenews  
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
What would happen — realistically — if mortgage companies' rate lock periods extended to 45 days? #mortgagenews   #trid  
1
Add a comment...
Have them in circles
143 people
James Norman Appraiser's profile photo
Kimberly Blanton's profile photo
Greg Cowart's profile photo
Mark Prendergast's profile photo
Musa Financial's profile photo
James Caviness's profile photo
Angel Rodriguez-Marcano's profile photo
GIA Capital Group, LLC's profile photo
Residential Mortgage Corporation's profile photo

National Mortgage News

Shared publicly  - 
 
Resetting home equity lines of credit to the tune of $150 billion over the next 48 months, combined with a near-certain increase in short term interest rates over that same period, could very well be a bad situation for institutions who hold these assets. #mortgagenews  
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
The mortgage industry's preparations for the new forms is an issue that could cloud the otherwise sunny outlook for warehouse lenders. #mortgagenews   #trid  
The Consumer Financial Protection Bureau s new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
Persistence pays off. Find out how in this week's #ProducerProfile of Eric Rotner of Commerce Home Mortgage: "The owner of the first company that I worked for was an exceptionally difficult person to deal with and offered very little support. However..." #TopProducers15   #mortgagenews  
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
"I do think the claims as relate to these interests are some of the most unsympathetic claims that I have heard in my life." — Rep. John Delaney, D-Md., on #GSE shareholders' lawsuit against the #Treasury #mortgagenews  
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
We're looking at the second month in a row that the FHA endorsed more than 100,000 loans. #mortgagenews   #FHA  
Federal Housing Administration endorsements continue to rise following the 50-basis point cut in January.
1
Add a comment...

National Mortgage News

Shared publicly  - 
 
Here's what you need to watch for ahead of tomorrow's earnings announcements. #mortgagenews  
Commercial real estate lending and mortgages are banks main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.
1
Add a comment...
People
Have them in circles
143 people
James Norman Appraiser's profile photo
Kimberly Blanton's profile photo
Greg Cowart's profile photo
Mark Prendergast's profile photo
Musa Financial's profile photo
James Caviness's profile photo
Angel Rodriguez-Marcano's profile photo
GIA Capital Group, LLC's profile photo
Residential Mortgage Corporation's profile photo
Contact Information
Contact info
Phone
212-803-8200
Story
Tagline
National Mortgage News is a weekly newspaper and daily news website covering the mortgage industry in the United States. www.NationalMortgageNews.com
Introduction
National Mortgage News is the flagship publication of the SourceMedia Mortgage Group. Other group publications include Mortgage Servicing News, Mortgage Technology, Origination News. The Mortgage Group is also responsible for MortgageStats.com, a provider of mortgage lending data and analysis, and hosts numerous industry conferences and events throughout the year.