Citadel Servicing has raised $200 million in capital to originate residential subprime mortgages. Does this mean subprime lending is "back"? Answer: yes and no.
The Federal Financial institutions Examination Council is taking a close look at social media and the risks it poses to financial institutions, including mortgage lenders.
Inside Mortgage Finance shortly will publish its final 4Q ranking of FHA lenders, but it appears that the October-December period was one of the strongest in terms of loan production in quite some time ...plus other mortgage briefs.
Relatively new players to the world of Fannie Mae approvals are starting to gripe a little more about the volume curbs that the GSE is placing on its newbie customers. One mortgage banker, who spoke under the condition his name not be used, told Inside Mortgage Finance ...