Rachel Dalton The old adage 'my house is my pension' - predictably popular in an era when house prices boomed - is now accepted to be an unwise approach to retirement saving. But...
Fourth Quarter Revenues of $17.2 Billion Down 7% from the Prior Year Period Fourth Quarter Net Credit Losses Declined 40% from the Prior Year Period to $4.1 Billion Full Year 2011 Net Income...
Outgoing Chairman Bruce Giacoma Remains Board Member, Managing Director of Secondary Marketing and Capital Markets FULTON, Md. -- NewDay USA, LLC, a nationwide VA, FHA and reverse mortgage lender, today announced that Rear...
Mortgage Cadence Offers Relief to Company Burdened by Its Lending System DENVER -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial...
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that it is exiting the business of originating forward residential mortgages. MetLife Home Loans, the residential mortgage division of MetLife Bank, N.A., will no...
NEW YORK -- Annaly Capital Management, Inc. (NYSE: NLY) released its fourth quarter 2011 market commentary providing a review of the economy and the residential mortgage, commercial mortgage, asset-backed, corporate credit and treasury...
NEW YORK -- Fitch Ratings has published a special report on Disclosure of Loan Pool Information for U.S. residential mortgage-backed securities (RMBS) for the fourth quarter of 2011 (4Q'11). The report is available...
The Federal Housing Administration has extended the rules that allow flipping in a bid to help stabilize the US housing market. "This extension is intended to accelerate the resale of foreclosed properties in...
Name change reflects growth and product menu expansion at the nationwide VA, FHA and reverse mortgage lender FULTON, Md. -- NewDay Financial, a national VA, FHA and reverse mortgage lender, today announced that...
IMAGE ILLUSTRATION 1 Chris Azur has been named president of ServiceLink in Coraopolis, Pennsylvania. Frank O'Neill Jr. has been named chief appraiser of DataLink in San Diego. Michael Forgas has been promoted to...
Running through the multiple explanations for loan modifications that do not succeed is "lack of documentation," said janneke Ratdiffe, executive director of the University of North Carolina's Center for Community Capital, Chapel Hill,...
Mortgage Cadence LLC, Denver, a provider of enterprise lending solutions (ELS), default servicing technology and document services for the financial services industry, simplifies changes to the Home Equity Conversion Mortgage (HECM) program using...
Mortgage Cadence LLC, Denver, a provider of enterprise lending solutions (ELS), default servicing technology and document services for the financial services industry, simplifies changes to the Home Equity Conversion Mortgage (HECM) program using...
Running through the multiple explanations for loan modifications that do not succeed is "lack of documentation," said Janneke Ratcliffe. executive director of the University of North Carolina's Center for Community Capital, Chapel Hill,...
If you give up a few snacks, you could save $2,625. Well, it's not quite that easy. If you spend $5 a week on snacks, you'd have to give them up for 10...
TO THE EDITOR: Tom Sedoric, managing director of investments of The Sedoric Group in Portsmouth, wrote of "the growing strain of our obligations" in the Nov. 4-17 issue of NHBR. He identified the...
FULTON, Md. -- Chrysalis Holdings, LLC, a premier investment company focused on developing industry leaders in financial services, technology and business analytics and holding company for NewDay Financial, announced today that its vice...
Rhode Island's Largest Independent Bank Expands Residential Lending Presence In Connecticut WESTERLY, R.I. -- Washington Trust announced today that it has opened The Washington Trust Home Loan Center , a mortgage loan production...
SEATTLE -- In 2011, the U.S. equity markets experienced nearly unprecedented levels of volatility. According to the latest Investment Manager Outlook (IMO), a quarterly survey conducted by Russell Investments, 70 percent of investment...
Many advisors see business opportunity despite volatility and prioritize growth in 2012 SEATTLE -- According to Russell Investments' latest quarterly survey of U.S. financial advisors, the Financial Professional Outlook (FPO), many advisors are...