Declining interest from Hurricane Katrina evacuees who have yet to return to New Orleans doesn't mean there's less need for the 1,500 housing units being built in the 27.5-acre footprint of the Lafitte...
Hudson Realty Capital LLC funded more than $120 million in new originations and $400 million in loan portfolio acquisitions in the past 12 months. The Manhattan-based company also held the final close of...
DENVER -- BlackBox Logic, LLC, a Denver-based data aggregation company, will showcase their new RMBS solutions, including an updated version of its web-based loan-level analytics interface, Crystal Logic([R]), at the American Securitization Forum...
Industry Veteran Kevin Osuna to Manage Division TULSA, Okla. -- Gateway Mortgage Group, a privately held mortgage bank providing conventional, FHA and VA loans through 50 retail branches nationwide, today announced that it...
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...
In the third year since the 2008 financial crisis that rocked the global banking industry not a single bank failed in San Diego. But that doesn't mean the industry here or anywhere else...
Increasing attention on potential losses and capital reserves at the Federal Housing Administration (FHA) prompted LPS Applied Analytics to look closely at some of our assumptions regarding FHA originations. One early observation was...
HEADNOTE Residential origination volume in 2012 looks to be the lowest on record since 1997. However, things could surprise to the upside. Just don't bet the house on it. IMAGE ILLUSTRATION 1 The...
The economy is growing, but at a slower pace than necessary to significantly reduce the unemployment rate. While there may be decreases from month to month, the unemployment rate is likely to increase...
Increasing attention on potential losses and capital reserves at the Federal Housing Administration (FHA) prompted LPS Applied Analytics to look closely at some of our assumptions regarding FHA originations. One early observation was...
ROCHESTER, N.Y. -- Paychex, Inc., one of the nation's leading providers of payroll, human resource, and employee benefits solutions for small and medium-sized businesses, today released its top 12 in '12 list, containing...
United Veterans Beacon House will receive $1.39 million from New York to create homes for chronically homeless male veterans who are living with physical, mental health and/or substance abuse issues. The money for...
The fiscal side of Minnesota’s affordable housing efforts has a platform that lets it benefit from savvy use of a variety of funding sources, a factor that is expected to help it weather...
Industry veterans Tomi Beck, Travis Graves to serve local communities FRANKLIN, Ky. -- Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 25 states, announced...
FHLBank Cooperative to Fund 189 Units of Affordable Housing SEATTLE -- The Federal Home Loan Bank of Seattle (Seattle Bank) today announced the award of $2.3 million of 2011 Affordable Housing Program (AHP)...
Experiences heavy growth after one year of in-house portfolio management TULSA, Okla. -- Gateway Mortgage Group, a privately held mortgage bank providing conventional, FHA and VA loans through 50 retail branches nationwide, announced...
Sioux Falls, S.D.-based HF Financial Corp. will face an investor challenge Tuesday as its annual meeting convenes, and the fate of one of the Twin Cities’ newest banks, Bloomington-based Infinia Bank, may hang...
This is the season for giving thanks for all that we have, extending goodwill to all we see--and wearing the occasional horrible reindeer sweater to a family party. And as I look back...
HEADNOTE Deadlines are upon us for the new appraisal data program required by Fannie and Freddie. If you are a smaller lender and looking for some compliance help, here are some tips. IMAGE...
The government-sponsored enterprises' (GSEs') deadlines for the Uniform Mortgage Data Program (UMDP) are finally upon us. Larger lenders with plenty of resources and staff have been preparing for months. They are already submitting...