IDAHO FALLS, Idaho—-DocuTech Corp. , a leader in compliance services for mortgage documents, added 21 customers to its roster of mortgage lenders during the past three months. This marks the sixth straight quarter that DocuTech has added at least 20 new lenders to its customer base.
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(Reuters) - FBR Capital Markets said there is no fundamental value remaining in the U.S. government-controlled mortgage lenders Fannie Mae and Freddie Mac, and the recent run-up in their shares was on speculation of a reverse stock split, which is unlikely.
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Sept. 1 (Bloomberg) — Signs the U.K.’s real-estate market is emerging from the worst economic slump in decades are driving yield spreads on mortgage bonds tighter, according to data compiled by JPMorgan Chase & Co.
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The U.S. government has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year’s federal bailout, The New York Times reported Sunday.
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First-time buyers Nada and John McCormack moved into their first property this week – a two-bedroom, £290,000 flat in Hackney, east London – spurred on in part by fears that house prices may be about to take off again. The couple, both 29, have saved patiently for five years to afford the large deposits currently demanded by mortgage lenders. Nada, a graphic designer, said the falling market had …
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DUBAI — Amlak Finance, one of two cash-strapped UAE mortgage lenders to have its shares blocked from trading, declared a Dh67.1 million loss for the second quarter, due mainly to provisions it took against dud loans amid the continuing decline in Dubai’s property sector.
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U.S. government reportedly has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year’s federal bailout.
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Fannie Mae and Freddie Mac remain the biggest black holes in the financial firmament.
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A Missouri man and an Iowa woman have pleaded guilty to a scheme to defraud mortgage lenders for $3 million. The U.S. Attorney’s Office in Kansas said Thursday that 31-year-old Anthony E.
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So goes the title of a July 7th letter to the editor of Delaware Online by Linda A. Moffett, a Realtor from Newark. In it Linda charged the Feds with forcing mortgage lenders to deal “with such ridiculous government-imposed regulations that it is becoming more and more difficult to settle on time, if at all… Banks laid off the majority of their mortgage department staff and hired temps with …
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