Banks Among Firms Acquiring Mortgage Bankers

Author:  //  Category: Mortgage

Several mortgage banking firms are being acquired, including two that are being picked up by banks. Two smaller Louisiana firms are merging, while a significant player is being purchased by another.

Shellpoint Partners LLC has agreed to be acquired by New Residential Investment Corp. for $190 million, a Nov. 29 statement said.

The acquisition of New York-based Shellpoint is expected to be completed in the first-half of next year. The deal is subject to settlements on mortgage servicing rights on approximately $8 billion in government-sponsored enterprise loans.


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Banks Among Firms Acquiring Mortgage Bankers

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The National Council of Juvenile and Family Court Judges Elects Don Gimbel to Board of Directors

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Don Gimbel, portfolio manager for Geneva Advisors, LLC, is elected to NCJFCJ's Board of Directors

RENO, NV, UNITED STATES, December 13, 2017 /EINPresswire.com/ — (Reno, Nev.) – The National Council of Juvenile and Family Court Judges (NCJFCJ …

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Mortgage Vendor Search Engine Launched

Author:  //  Category: Mortgage

A new search engine has been launched for people in the mortgage industry to find vendors that offer a variety of services to the sector.

Imagine typing in a key industry term and coming up with results that include a variety of mortgage service providers.

Well that dream has become a reality with a search engine that claims it encompasses the entire mortgage ecosystem.


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Tax Bill Progresses, Mortgage Deduction Compromise

Author:  //  Category: Mortgage

An agreement on tax reform has been reached between House and Senate Republicans that includes a compromise on the mortgage interest deduction.

President Donald Trump said at a lunch with lawmakers Wednesday that House and Senate Republican leaders reached an agreement in principle on sweeping legislation overhauling the tax code.

This afternoon, the House will hold an open meeting of the House-Senate conference appointed to resolve differences between the House and Senate tax bills.


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Tax Bill Progresses, Mortgage Deduction Compromise

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AmeriList Updates “National U.S. Consumer Database”

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Monthly updates to AmeriList's National Consumer Database improves target marketing for businesses nationwide.

ORANGEBURG, NEW YORK, UNITED STATES, December 13, 2017 /EINPresswire.com/ — AmeriList, a leading direct marketing service provider …

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13-Year Low Predicted for Mortgage Delinquency

Author:  //  Category: Mortgage

Mortgage delinquency is predicted to fall to a 13-year low next year, while the origination of home-secured credit lines over the next five years is expected to double.

Delinquency of at least 60 days on U.S. residential loans outstanding as of the third quarter was previously reported at 1.91 percent.

But by the end of this year, the rate is expected to fall to 1.83 percent, a 45-basis-point improvement from the fourth-quarter 2016.


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13-Year Low Predicted for Mortgage Delinquency

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Mortgage Apps Drop, Refi Share at Nearly 1-yr High

Author:  //  Category: Mortgage

Even though a decline was recorded for weekly mortgage applications, the share that were for refinances was the widest it’s been in nearly a year. Jumbo rates suggest investors seek more jumbo product.

In the seven days that finished on Dec. 8, the Market Composite Index retreated by a more than a seasonally adjusted 2 percent from the preceding week.

The week-over-week decline for the index, a measure of retail residential loan application volume, was greater at 4 percent without any seasonal adjustments.


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Mortgage Apps Drop, Refi Share at Nearly 1-yr High

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EW FOUNDATION TOASTS LOYAL SUPPORTERS AT ‘BOOKS, BAROLO & BEL CANTO’

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Legacy and Founders Society Members Honored at Kickoff Reception for Feb 4 Benefit

PALM BEACH, FLORIDA, USA, December 13, 2017 /EINPresswire.com/ — EW Foundation Legacy and Founders Society benefactors were honored at a special musical wine …

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EW FOUNDATION TOASTS LOYAL SUPPORTERS AT ‘BOOKS, BAROLO & BEL CANTO’

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EW FOUNDATION TOASTS LOYAL SUPPORTERS AT ‘BOOKS, BAROLO & BEL CANTO’

Author:  //  Category: Mortgage

Legacy and Founders Society Members Honored at Kickoff Reception for Feb 4 Benefit

PALM BEACH, FLORIDA, USA, December 13, 2017 /EINPresswire.com/ — EW Foundation Legacy and Founders Society benefactors were honored at a special musical wine …

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EW FOUNDATION TOASTS LOYAL SUPPORTERS AT ‘BOOKS, BAROLO & BEL CANTO’

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EW FOUNDATION TOASTS LOYAL SUPPORTERS AT ‘BOOKS, BAROLO & BEL CANTO’

Author:  //  Category: Mortgage

Legacy and Founders Society Members Honored at Kickoff Reception for Feb 4 Benefit

PALM BEACH, FLORIDA, USA, December 13, 2017 /EINPresswire.com/ — EW Foundation Legacy and Founders Society benefactors were honored at a special musical wine …

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EW FOUNDATION TOASTS LOYAL SUPPORTERS AT ‘BOOKS, BAROLO & BEL CANTO’

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