Simple guides and tips to help you better understand and prepare for the home loan process. Learn how to get a mortgage, how to refinance, and more about the many different loans programs available.
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
According to a company e-mail, SCME Mortgage Bankers Inc. will cease wholesale operations effective the end of business today. “We would like you to know… Read More »SCME Ceases Wholesale Operations
