Servicing News; Fha And Va Update; Us Bank Exits Wholesale | Latest News RSS feed

Servicing News; Fha And Va Update; Us Bank Exits Wholesale - Latest News


Lender Products; FHA/VA/Ginnie News; HMDA and Compliance Update

Highlights of our Single Close Construction program include, FHA 30 Year Fixed up to 96.5% LTV, VA 30 Year Fixed up to 100% LTV ... and Co-Issue investor and the largest non-bank servicer with a ... read more

HomeStreet Inc (HMST) Q4 2018 Earnings Conference Call Transcript

Additionally, we experienced outflows of demand deposits by some of our commercial clients associated with the mortgage industry as seasonal servicing deposit remittances, which we replaced with ... read more

Impac Mortgage's (IMH) CEO Joe Tomkinson on Q1 2017 Results - Earnings Call Transcript

In February, the company paid off its $30 million working line of credit and replaced it with a mortgage servicing rights financing facility, which on an annualized basis provided $1.35 million in ... read more

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OneWest Exits Reverse Mortgage Business, Shuts Down Financial Freedom (update)

“After careful consideration, we have decided to exit the wholesale reverse mortgage origination business based on the regulatory environment and the desire to focus on the bank’s core businesses ... ... read more


Digital products; Wholesale News Across the Biz; Zillow and Chase News

(US ... to all wholesale loan submissions: $995 for Conventional, FHA and USDA Loans, $1,145 for all Expanded Niche, GSFA and Within ReachTM Products, $595 for FHA Streamlines and $0 for VA Products, ... read more

From strength to strength

The company offers FHA, VA, Fannie/Freddie ... including retail, wholesale and correspondent channels, but also a servicer. The company now has a servicing portfolio of $13 billion, and in the last ... read more

Bank Of America To Open Second Lending Fulfillment Center

‘We will leverage the knowledge and skill of our Dallas-based wholesale associates to help the bank manage the strong growth in demand for our FHA and VA loan products,’ says Bob Griffith, Bank of ... read more

HomeStreet, Inc. (HMST) CEO Mark Mason on Q4 2018 Results - Earnings Call Transcript

Additionally, we experienced outflows of demand deposits by some of our commercial clients associated with the mortgage industry as seasonal servicing deposit remittances, which we replaced with ... read more

BofA’s $16.65 billion toxic mortgage settlement gets green light

According to the SEC filing, “Bank of America knew that such wholesale ... us to continue to focus on the future,” Bank of American CEO Brian Moynihan said in August. Ben Lane is the Editor for ... read more

StellarOne Bank Sells Wholesale Unit

Charlottesville, Va ... Bank's wholesale division had gross revenues of $2.3 million and direct operating expenses of $1.9 million. The transaction is expected to close by year-end. ‘The resources ... read more

Nonprofit Sues HUD Over Reverse Mortgage Non-Borrowing Spouse Info

CRC submitted the request for information after being contacted by widowed homeowners and advocates in the context of its protest against the $3 billion acquisition of OneWest Bank by CIT Group ... ... read more



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