Mortgage Tips

In a blog post written today, “Mad Money” stock enthusiast Jim Cramer said he was bullish on Bank of America, partially for what he sees… Read More »Cramer Sees Bank of America Countrywide Merger

A new collaboration between CitiMortgage, The First American Corporation, Neighborhood Housing Services of America, Just Price Solutions, and State Farm aims to bring low fixed-rate… Read More »R-Home Mortgage Program Launched for Thin Credit Borrowers

The 2007 Annual Minority Lending Report, compiled by Compliance Technologies and Genworth Financial, was released today at the 3rd Annual Mortgage Lending Industry Emerging Markets… Read More »Roughly 4 out of 10 Mortgages Were Subprime for Minorities in 2006

Impac Mortgage Holdings Inc. is looking to sublease its 200,000 square foot Irvine, CA headquarters amid the ongoing housing downturn. The mortgage lender currently pays… Read More »Impac Mortgage Looks to Sublease Headquarters

If you weren’t sure how bad things are these days at Countrywide, this post should clear things up a bit. As ongoing layoffs continue to… Read More »Countrywide Hires PR Crisis Firm

Bear Stearns announced via a press release today that it is creating a single mortgage unit under the name “Bear Stearns Residential Mortgage Corporation”, combining… Read More »Bear Stearns Consolidating Mortgage Operations

There’s been a lot of talk today that Deustche Bank’s MortgageIT has suffered some serious layoffs and closures nationwide in an effort to “realign” certain… Read More »MortgageIT Layoffs Reported Nationwide

Morgan Stanley announced this morning the restructuring of its residential mortgage business in response to current market conditions and long term growth strategies, resulting in… Read More »Morgan Stanley Cuts 600 Mortgage Jobs

This morning Seattle-based Washington Mutual unveiled a new set of standards for mortgage brokers to adhere to, largely focused on improved disclosure. The bank said… Read More »WaMu Getting Tough on Mortgage Brokers

Online bank NetBank Inc. was shut down today by the FDIC, who cited an excessive level of mortgage defaults, marking the first U.S. savings and… Read More »Netbank Shut Down by FDIC