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 Mortgage Lending
· REOs and Short Sales Account for 50% of California
· Housing Doesn`t Fare Well in John Burns Report Car
· LPS Study Finds Pace of Delinquencies Is Slowing
· Four More Community Banks Closed by Regulators
· Wells Fargo Surpasses Half Million Modification Ma

 Mortgage Software
· Online Bingo Site BingoBeez Offers Players A Week
· The Work Number Ensures Lender Compliance With Fan
· Mortgage Pricing Systems Launches New Rate Sheet T
· Simplifile and Rekon Technologies Finalize Integra
· Dartappraisal.Com Announces Integration With First


Finance Education

⇒ IBroker System
Rank: 1167   CID: 403979   New: 04/22/2009   Mod: 11/04/2009
⇒ http://www.TheModification.com
⇒ http://www.ibrokersystem.com/
⇒ Banker Resource
Rank: 910   CID: 404580   New: 07/20/2009   Mod: 07/20/2009
⇒ http://www.BankerResource.com
⇒ Aberdeen Group
A Harte-hanks Company
Rank: 857   CID: 404561   New: 07/17/2009   Mod: 07/17/2009
⇒ http://www.aberdeen.com
⇒ Beard Audio Conferences
Rank: 787   CID: 403465   New: 01/28/2009   Mod: 01/28/2009
⇒ http://www.beardaudioconferences.com/
⇒ Intellicents, Inc.
Rank: 758   CID: 403575   New: 02/17/2009   Mod: 02/18/2009
⇒ http://www.intellicents.biz
⇒ Information Management Network
Rank: 310   CID: 9224   New: 10/12/1997   Mod: 03/07/2008
⇒ http://www.imn.org/
⇒ Financial Technologies Forum LLC
Financial Technologies Forum LLC is a leading provider of news and information about trends and init
Rank: 152   CID: 401164   New: 02/25/2008   Mod: 02/28/2008
⇒ http://www.ftfnews.com/
⇒ Securities Operations Forum
Rank: -909   CID: 402245   New: 07/16/2008   Mod: 07/16/2008
⇒ http://www.soforum.com/
⇒ Global Investment Operations
Global Investment Operations is dedicated to offering the highest quality conferences and training t
Rank: -1047   CID: 401202   New: 02/29/2008   Mod: 02/29/2008
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⇒ Gold and Associates
Rank: -1821   CID: 114080   New: 03/18/2002   Mod: 03/18/2002
⇒ http://www.jacobgold.com/

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Mortgage Lending News     Click to continue . . .


  •   REOs and Short Sales Account for 50% of California Home Sales
Foreclosed homes taken back by lenders and distressed short sales accounted for nearly half of all residential home sales in California in 2009, according to a market report released this week by the California Association of Realtors. As one of the hardest-hit states by the housing downturn, the Golden State is littered with bank-owned properties and homes facing foreclosure, but the lower prices and increasing buyer appetite for these deals are helping to reduce some of California's distressed inventory.
DSNews.com,Admin,   03/17/2010

  •   Housing Doesn`t Fare Well in John Burns Report Card
By grade school standards, the U.S. housing market would most likely get grounded, according to John Burns Real Estate Consulting's (JBREC) monthly report card issued this week. The market research and due diligence firm gave housing an overall grade of D+. Affordability, which the firm says is probably the most important indicator of short-term housing market performance, was able to pull out a C-, but the nation's housing supply got an F.
DSNews.com,Admin,   03/17/2010

  •   LPS Study Finds Pace of Delinquencies Is Slowing
While delinquency rates in the United States continue to reach new highs, the pace of deterioration has slowed, Lender Processing Services (LPS) said Monday. Still, company's analysts caution that the nation's housing market remains far from a full recovery. According to LPS' latest Mortgage Monitor report, nearly 7.5 million loans are in some stage of delinquency or foreclosure, with an additional one million properties in REO or post-sale foreclosure.
DSNews.com,Admin,   03/17/2010

  •   Four More Community Banks Closed by Regulators
The tally of bank casualties in the wake of the real estate downturn and the ensuing economic crisis continues to swell. This weekend, regulators shut the doors on four more regional lenders - two in New York and one each in Florida and Louisiana. That brings the number of institutions on the FDIC's failed bank list to 30 for the year.
DSNews.com,Admin,   03/17/2010

  •   Wells Fargo Surpasses Half Million Modification Mark
As of February 28, 2010, Wells Fargo & Co. had 505,832 active trial and completed modifications through its own modification programs and the federal Home Affordable Modification Program (HAMP). According to the administration's February HAMP report card released Friday, Wells Fargo completed more permanent modifications than any other HAMP servicer.
DSNews.com,Admin,   03/17/2010

  •   BofA Completes Nearly 21,000 Permanent HAMP Mods
Bank of America completed 20,666 permanent modifications under the Home Affordable Modification Program as of February 28, 2010, up from 12,761 a month earlier. The bank also has 22,303 additional permanent HAMP modifications that are pending and leads the mortgage servicing industry with more than 240,000 active trial modifications under HAMP.
DSNews.com,Admin,   03/17/2010

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