Mortgages

Reverse Mortgage Industry Veteran Joins Senior Financial

ruzik_tuzik — Fri, 08 Aug 2008 03:31:44 -0500

Senior Financial Corp., a privately held reverse mortgage company, announced today that Kevin Kaltenbach has been appointed Executive Vice President and Director of Corporate Development for their organization. In addition to his responsibilities as Executive Vice President, he has been appointed to the Senior Financial Corp. Board of Directors.

TD Canada Introduces Great Mortgage Giveaway

ruzik_tuzik — Fri, 01 Aug 2008 23:05:43 -0500

TD Canada Trust announces The Great Mortgage Giveaway. From now until October 24, 2008, customers who apply for a mortgage or home equity line of credit will automatically be entered for a chance to win $300,000.

TD Canada Introduces Great Mortgage Giveaway

ruzik_tuzik — Fri, 01 Aug 2008 23:05:39 -0500

Bush Signed The Housing Bill, Here is What It Means

admin_huliq — Wed, 30 Jul 2008 07:51:34 -0500

President Bush this morning signed the housing bill, some think it's a good news, some don't.

Scotiabank Changes Mortgage Offering

ruzik_tuzik — Wed, 23 Jul 2008 01:00:00 -0500

Scotiabank today announced changes to the Bank's mortgage products in response to the Department of Finance's recent announcement with regard to the changes in government guarantees for mortgages.

Insurance Agents Are New Resource For Home Mortgages

ruzik_tuzik — Fri, 11 Jul 2008 23:28:42 -0500

This is a terrible time for home buyers and the mortgage industry. Interest rates are lower than they have been in years. Home prices are lower than they have been in years. People holding substandard ARM's must refinance now.

Advantus Launches High-Yield Mortgage Strategy

ruzik_tuzik — Wed, 09 Jul 2008 23:39:08 -0500

Advantus Capital Management is taking advantage of the downturn in the mortgage securities market to launch a high-yield mortgage investment strategy, and the firm has added a portfolio manager to oversee it.

Lenders Select PriceMyLoan For Product, Pricing Technology

ruzik_tuzik — Wed, 25 Jun 2008 23:44:47 -0500

PriceMyLoan (PML) has recently been selected by two California mortgage lenders to provide automated underwriting and loan pricing technology. Ontario-based Drexel Lending Group and Rancho Cucamonga-based MSM Lender have signed on to implement the PML system.

Mortgage Lending Options For CUs Now Available

ruzik_tuzik — Wed, 25 Jun 2008 23:42:11 -0500

A critical package of services to help credit unions manage their mortgage business in today's distressed credit markets will remain available through the renewed alliance agreement between CUNA and Freddie Mac (NYSE: FRE), one of the nation's largest investors in residential mortgages.

National Online Mortgage Broker Selects Zaio

ruzik_tuzik — Fri, 20 Jun 2008 22:40:31 -0500

Zaio, Inc. the U.S. Subsidiary of Zaio Corporation (TSX-V: ZAO), announces a new customer relationship with a national online mortgage broker to supply a variety of appraisal related services.

Mortgage Servicer Guidelines For Real Estate Lending Issued

ruzik_tuzik — Fri, 20 Jun 2008 00:55:28 -0500

A leader in the development of the new Mortgage Servicer Guidelines issued today by the HOPE NOW Alliance, Wells Fargo believes transcending consistent best practices across all servicers will improve efforts to help borrowers with home retention solutions.

FNC To Help Fannie Mae Streamline Appraisal-Related Processes

ruzik_tuzik — Wed, 04 Jun 2008 00:51:53 -0500

Fannie Mae, the nation's largest purchaser of mortgages in the secondary market, is using FNC systems to mitigate risk and streamline its appraisal-related processes, FNC officials announced today.