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- ServiceLink Web-based Closing Expands Capabilities with FamilyView
- iClose allows mortgage professionals to close loans from any location SAN FRANCISCO -- ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF), offers lenders an expedient Web-based closing option for customers. iClose is a secure and convenient method...
- Research articles 2008-10-20
- Congress passes housing bill: is it too little, too late?
- [ILLUSTRATION OMITTED] THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008, which was signed into law by President George W. Bush on July 30, is intended to rescue homeowners unable to cope with their mortgage payments. Whether it will be enough to stem the rising tide of foreclosures in the...
- Research articles 2008-10-01
- 1st Metropolitan Mortgage Introduces BrightGreen Mortgage Program; Toyota Prius Sweepstakes
- CHARLOTTE, N.C. -- 1st Metropolitan Mortgage, a national mortgage originator, has made a commitment to making the mortgage origination process more environmentally friendly by introducing its national BrightGreen Mortgage program. The program will give originators the tools and support to produce mortgages in a more environmentally-friendly manner while saving borrowers...
- Research articles 2008-09-29
- Foreclosures chill once-hot Southeast housing market
- [ILLUSTRATION OMITTED] Housing markets in the Southeast once sizzled like an August afternoon, helping to heat up the region's economy. But a cold wave of foreclosures has crashed through many of the region's housing markets, and its ripples have spread through most corners of the region. The eventual toll...
- Research articles 2008-09-22
- Rates on hold
- THERE was no sign of relief for hard-pressed homeowners and borrowers today after the Bank of England kept interest rates on hold for the fifth month in a row. The Bank's battle against soaring inflation saw it vote to leave rates at 5%, despite worsening prospects for the UK...
- Research articles 2008-09-04
- AN ECONOMIC PERSPECTIVE ON THE ENFORCEMENT OF CREDIT ARRANGEMENTS: THE CASE OF DAYLIGHT OVERDRAFTS IN FEDWIRE
- * The Federal Reserve's extension of daylight overdrafts to banks exposes the central bank to some credit risk during the day. * The Fed manages this exposure through a combination of tools, including monitoring, an awareness of banks' reputations, and collateral requirements. * Under a proposed policy change, the Fed...
- Research articles 2008-09-01
- The Government of Canada Helps Open Doors to Higher Education
- It's getting easier to keep learning! Canadians interested in pursuing post-secondary education will now have access to more opportunities then ever, as details of the recent changes to student financial assistance were unveiled. The Honourable Monte Solberg, Minister of Human Resources and Social Development announced the changes at Kitchener's...
- Research articles 2008-08-25
- CFA Capital Partners 'CFA' Continues Its Dominance of the Student Housing Debt, Funds 58 Unit Portfolio at Rensselaer Polytechnic Institute
- RYE, N.Y. -- In the midst of a real estate market presenting unsure futures to many developers, CFA Capital Partners closes another bridge loan for one borrower with a bright future. Maximus Yaney, President of Campus Habitat, was presented with an opportunity to acquire several hundred newly constructed student...
- Research articles 2008-08-21
- ServiceLink Offers Special Services for Reverse Mortgages
- Program Helps Non-Traditional Borrowers PITTSBURGH -- ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF), has enhanced its title and settlement solution for reverse mortgage transactions. Understanding that reverse mortgages differ from standard refinance transactions, ServiceLink offers...
- Research articles 2008-08-19
- SimpleTuition Adds Several More Student Loans to Increase Choice for Families
- Student Lending Products from PNC Bank, Discover, Brazos, College Loan Corp, GradInvest, OneSimpleLoan, Axiom, and ScholarPoint Now Available at www.simpletuition.com NEWTON, Mass. -- SimpleTuition, Inc., the leading student loan comparison site for personalized student loan research, today announced that student lending products from several leading lending institutions - PNC...
- Research articles 2008-07-30
- Fed calls for bank scrutiny
- WASHINGTON -- Two days before Congress rolls up its sleeves and begins to consider new regulation of financial markets, Federal Reserve Chairman Ben Bernanke on Tuesday called for additional powers to look more closely at investment banks, with an eye toward preventing a future collapse of the global banking system....
- Research articles 2008-07-09
- Expert Group, Inc. Retains GreenTree Financial Group Inc. to Up-List to the O.T.C. NASDAQ Bulletin Board
- Expert Group, Inc. (PINKSHEETS: EXPT) is proud to announce that GreenTree Financial Group Inc. ("GreenTree") will be filing and preparing all documentation to become a fully reporting NASDAQ Bulletin Board Company. Already a Pinksheet reporting company, EXPT feels it is time to up-list, to be able to attract the...
- Research articles 2008-07-09
- GSE reform bill clears Senate Banking Committee
- A long-awaited major housing bill that would create a new regula- tor for all of the government-sponsored enterprises GSE, as well as provide funding for FHA refinancings and create affordable housing cleared committee in the Senate in May--a move lauded by the Mortgage Bankers Association. [ILLUSTRATION OMITTED] In...
- Research articles 2008-07-01
- Industry Titan Interthinx(R) Integrates MERS Data to Enhance Automated Fraud Detection
- Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, has integrated MERS (Mortgage Electronic Registration Systems, Inc) data into its proven FraudGUARD® scoring system to detect undisclosed properties, reveal investors claiming owner occupancy, and uncover recently closed loans that...
- Research articles 2008-06-24
- Weathering the subprime crisis; Should government intervene?
- Is it bailout time? One of the hardest choices is to decide when, if ever, to intervene in private markets. The fast-moving deterioration of credit markets has made that decision more critical than ever, both for high government officials and for CEOs. [ILLUSTRATION OMITTED] The recent decision of...
- Research articles 2008-06-01
- Talking FHA with commissioner Montgomery: FHA's top official discusses the need for Congress to enact FHA modernization legislation, the surge in FHASecure refinancings, higher loan limits and the ins and outs of the RESPA proposed rule
- Brain D. Montgomery has served as assistant secretary for housing-federal housing commissioner since 2005. As head of the Federal Housing Administration FHA, he oversees the nearly $400 billion FHA insurance portfolio. He also oversees the Department of Housing and Urban Development's (HUD's) regulatory responsibilities in the areas of the Real...
- Research articles 2008-06-01
- Interthinx(R) Offers Robust Analytics to Detect Mortgage Loan Occupancy Fraud and Undisclosed Properties
- Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, announces a new module available through FraudGUARD® to identify and manage potential occupancy and ownership misrepresentations in loan files. The module includes an unparalleled analysis of a borrower's history of...
- Research articles 2008-05-21
- Meridian makes good at home of the model T
- Meridian Capital Group has arranged $60,000,000 in financing for 33-00 Northern Boulevard in Long Island City. This mixed-use warehouse/office complex boasts approximately 500,000 s/f of rentable space. The property is currently leased to several city agencies in addition to several other tenants. Avi Weinstock and Seth K. Grossman...
- Research articles 2008-05-21
- Senate committee OKs home-loan rescue
- WASHINGTON -- Profits from government-sponsored mortgage giants Fannie Mae and Freddie Mac, instead of taxpayers, would back up a home-loan rescue for up to 500,000 strapped borrowers, under a plan approved by a key Senate committee Tuesday. Democrats and Republicans banded together to push the plan through the...
- Research articles 2008-05-21
- Home losses 'not as high
- HOME repossessions will not reach the levels seen in the early 1990s, despite the tough challenges ahead for the UK economy, Bank of England Governor Mervyn King has said. Falling house prices and dearer mortgage deals from lenders have raised fears that thousands more borrowers could lose their homes...
- Research articles 2008-05-15
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