Janis L. Ulsch.(People)(Brief article)
Janis L. Ulsch has been promoted to senior vice president of
servicing consulting and outsourcing, Judy H. Wheatley has been promoted
to senior vice president for production consulting, Patricia A. . . .
Dan Cutaia.(People)(Fairway Independent Mortgage
Corporation)(Brief article)
Dan Cutaia has been appointed president and chief operations
officer for Fairway Independent Mortgage Corporation in Sun Prairie,
Wisconsin. Jon McGuire has been named chief technology officer . . .
Q1 rental vacancy rate holds.(Commercial)(Brief article)
The vacancy rate for rental units was essentially unchanged during
the first quarter of 2008, according to the U.S. Census Bureau.
At 10.1 percent, the first-quarter vacancy rate for all . . .
Nonresidential construction up slightly in Q1, plummets in
March.(Commercial)
Nonresidential construction posted a slight gain during the first
quarter of 2008, despite a deep dive in March and a decline in
new-construction starts overall, according to New York-based . . .
Cogent Road gains 245 new customers in Q1.(TechNewz)(Brief
article)
San Diego-based Cogent Road, a provider of Internet-based
applications for the mortgage industry, announced it has signed 245 new
customers for its Funding Suite[R] credit-management system in the . . .
Fraud, mortgage-backed securities and Ginnie Mae: this article by
the inspector of the Department of Housing and Urban Developme
I want to start by telling you a story of greed and fraud that
involves a mortgage lender, Charlotte, North Carolina-based First
Beneficial Mortgage Corporation, and its victims--Fannie Mae and . . .
Larry Goldstone--president and chief executive officer, Thornburg
Mortgage.(Newsmaker)(Interview)
As president and chief executive officer of Thornburg Mortgage,
Santa Fe, New Mexico, Larry Goldstone is a cofounder of the firm and has
been the president, chief operating officer and a director . . .
The ticker.(Statistical table)
Company Ticker Price Close Price Close 52-Week 52-Week
Symbol 4/30/08 3/32/08 High Low
Indymac Bancorp IMB 3.25 4.96 . . .
House committee seeks GAO fair-lending enforcement
review.(Briefing Book)
House Financial Services Committee Chairman Barney Frank, along
with 15 members of the committee, have called upon the Government
Accountability Office (GAO) to conduct a "comprehensive
review" of . . .
Q1 homeownership rate declines.(Book Briefing)(Brief
article)
The percentage of Americans owning their homes fell during the
first quarter of 2008, according to the U.S. Census Bureau.
At 67.8 percent, the first quarter's homeownership rate
dropped from the . . .
Lenders learning to intercept more fraud.(Briefing
Book)(Financial Crimes Enforcement Network )(Survey)
Even as cases of mortgage fraud are on the rise, lenders are
getting better at intercepting suspicious financial activity before the
funds are disbursed to fraudsters, according to a study by the . . .
HUD official: Congress should avoid 'federalization of
mortgage industry'.(Briefing Book)
The Federal Housing Administration should remain a "good
safeguard against foreclosure," and an FHA modernized by Congress
would be able to help an even greater number of homeowners, but
lawmakers . . .
House passes housing-stimulus legislation.(Briefing Book)(The
American Housing Rescue and Foreclosure Prevention Act )
Despite a veto threat from the White House, a Democrat-backed
comprehensive legislative package designed to respond to the current
mortgage crisis as well as modernize the Federal Housing . . .
It's not all bad.(Portfolio)
We have all heard plenty about the dismal numbers on national home
prices and rising foreclosures. But, to be honest--and this may come as
news to some--there actually are some housing markets in . . .
Housing activity: residential structures (thousands of units,
SAAR).(Vital Statistics)
BY TYPE OF UNIT
HOUSING STARTS BUILDING PERMITS
Single- Multi- Single- Multi-
Total Family Family Total Family . . .
Key economic indicators and interest rates.(Vital
Statistics)
CONSUMER PRICES,
YEAR-OVER-YEAR
CHANGE (%) MBA MORTGAGE
CHANGE IN . . .
Mortgage applications indexes: Mortgage Bankers Association
(MBA).(Vital Statistics)
MARKET COMPOSITES
(Unadjusted)
Market Purchase Refinance FRM ARM
Index Index Index Index Index
MAR-07 713.4 456.3 2,210.2 592.9 . . .
Mortgage performance.
SOURCE: First American CoreLogic, San Francisco. Prime and subprime
data are sourced from the LoanPerformance cooperative servicing
databases, representing approximately 80 percent of . . .
Top 25 counties--residential ARM markets.(Marketrac[R])
Fourth-Quarter 2007, Nationwide / Sort Order: Number of Loans
Market Avg.
Rank County Count Dollar Amount Share . . .
Top 25 counties--residential FRM markets.(Marketrac[R])
Fourth-Quarter 2007, Nationwide / Sort Order: Number of Loans
Market Avg.
Rank County Count Dollar Amount Share . . .
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