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UP FRONT NEWS MORTGAGED MULTIPLE INVESTORS DROP OFF But cashed-up cousins see a brighter landscape despite economic clouds. The latest CoreLogic Buyer Classification data shows continued struggles for mortgaged multiple [...]

With large areas of the country below sea level, Dutch property could be considered a risky investment, but in fact banks and investors regard the Dutch residential mortgage market as [...]

WHEN FIDELITY NATIONAL FINANCIAL INC. (FNF), Jacksonville, Florida, emerged as the high bidder for the mortgage servicing technology assets of communications giant ALLTEL Information Services, Little Rock, Arkansas, it turned [...]

Compensation is rising in the wholesale nonconforming business as lenders desperately compete for talent. Competition is having other effects throughout this red-hot sector. Is the nonconforming mortgage boom about to [...]

The stampede of lenders into the nonconforming market has created pricing pressures that may come back to haunt lenders. These newcomers also are exploring the best ways to organize and [...]

MARKET COMPOSITES (Unadjusted) Market Purchase Refinance FRM ARM Index Index Index Index Index MAR-05 737.2 511.6 2,049.0 515.9 5,367.5 APR-05 736.2 529.9 1,936.4 502.6 5,626.9 MAY-05 790.4 556.2 2,152.5 543.6 [...]

Credit unions' share of the mortgage market is small but growing. In 1997, credit unions garnered about 2% of the originations market, which was valued at $800 billion, overall. Credit unions' outstandings, combining first and second mortgages, total $78 billion, up almost 28% from 1996. According to National Credit Union Administration figures, credit unions' first-mortgage assets total over $51 billion., While still a small factor in the mortgage market, credit unions have been growing that area rapidly. Their homey, close-to-the-customer approach seems to be working. The recent Supreme Court decision [...]

Byline: Brian Chappelle A common refrain in Washington these days is that the Federal Housing Administration plays an outsize role in the mortgage market and should return to its traditional [...]

Byline: Mortgages By Samuel Dale and Paul Thomas Lloyds Banking Group is planning to cut its share of the mortgage market from 28 per cent to 25 per cent. In [...]

Byline: Dani Grigg The Federal Housing Administration did its job, officials say. When no one could get mortgages after the housing market crashed, home buyers came to FHA, and FHA [...]

Byline: Sara Lepro Repurchase requests from investors, including the government-sponsored enterprises Fannie Mae and Freddie Mac, could end up costing banks a total of $43 billion through 2012. According to [...]

Byline: Harry Terris Pops in mortgage volume typically drive profit margins on loan production wider, in part because strains on the industry's capacity reduce price pressures on competing originators. But [...]

Byline: Rob Haney The current rate of disposition for foreclosed properties has been significantly slowed by a new phenomenon known as 'For Sale by Banker.' Real estate owned by banks [...]

HSBC increased its share of the mortgage market by only 3% in the first six months of this year. Last week the bank revealed pre-tax profits of #7bn - up [...]

Mortgage Trading Exchange has doubled its market share of all mortgage transactions processed in the UK in the last 12 months. The platform is now processing transactions with an estimated [...]

Abbey has recorded a 20 per cent profit before tax in its full-year results, taking just less than a third of the mortgage market. The lender, owned by Santander, increased [...]

The percentage of mortgage applications last month that sought federal government insurance tripled from a year earlier, to 29%, according to the Mortgage Bankers Association. Most of those requests were [...]

Woolwich is hoping to maintain a strong position in the mortgage market after achieving a 26 per cent share of net new mortgage lending in the first half of 2008. [...]

Wells Fargo & Co., the market leader in reverse mortgages, is ramping up marketing of the products this year with a national television advertising campaign begun in the first quarter. [...]

WASHINGTON -- Banks' and thrifts' share of high-priced loans jumped last year, and recent problems in the subprime mortgage market are liable to cause that trend to increase, according to [...]

Six weeks after First Horizon National Corp. called off an unprofitable retail bank expansion, its chief executive said the company remains committed to its mortgage and capital markets units and [...]

Calyx and its Point loan origination system are used by nearly half of the top 50 mortgage broker companies that responded to a survey conducted for the Broker magazine loan [...]

Freddie Mac said Tuesday that it would provide liquidity to the mortgage market by purchasing more alternative-A loans on a forward basis. The move came as future commitments for such [...]

Countrywide Financial Corp.'s July mortgage fundings fell 13.7%, to $39.1 billion, from the end of June. David Sambol, the president of the Calabasas, Calif., company, said in a press release [...]

Jumbo Jitters Keith Kantrowitz, the president of Wall Street Mortgage Bankers Ltd., a Lake Success, N.Y. jumbo lender that does business as Power Express Mortgage Bankers, says the market for [...]

The UK's fourth largest bank was delivered a stark reminder last month that to retain pole position in the mortgage market requires a combination of careful strategic planning, consistently competitive [...]

Changes in mortgage underwriting may be clouding one of the traditional gauges of the industry's health: application volume. Consider the following: A report the Mortgage Bankers Association released last week [...]

Profit warnings from mortgage lenders are hardly surprising at this point, but American Home Mortgage Investment Corp.'s warning last week stood out for several reasons. For one, the crop of [...]

Servicing Volume Market Mkt Shr 2006 2005 Change Share %pt. 1 Wells Fargo Home Mortgage San Francisco $1,341,870 $1,005,410 33% 15.62% +3.49% 2 Countrywide Financial Corp. Calabasas, Calif. 1,298,394 1,111,090 [...]

BY VOLUME IN 2006. DOLLARS IN MILLIONS Volume Market 2006 2005 Change share Change 1 Countrywide Financial Corp. Calabasas, Calif. $455,638 $490,947 -7.2% 14.4% -0.6% 2 Wells Fargo Home Mortgage [...]

Assets, deposits, and other broad measurements climbed at a healthy rate last year at the nation's top financial services companies, but mortgage originations declined and credit cards continued to lag [...]

At last it is great to see some competition at the high loan-to-value end of the market. For a long time, Northern Rock's together product has totally dominated this area. [...]

Prime buy-to-let mortgages now make up 21 per cent of financial advisers' business, nearly double the 11 per cent of the mortgage market that CML second half figures showed in [...]

This summer, the buy-to- let market will be marking its 11th birthday. Yes, it all began in 1996. That was the year England hoped football would be coming home, but [...]

Higher loan-loss provisions hurt first-quarter results of both of HSBC Holdings PLC's U.S. units as they continue to deal with a declining mortgage market. HSBC Finance Corp. of Prospect Heights, [...]

The real estate investment trust Opteum Inc. said Friday that is it closing its wholesale and conduit lending businesses and laying off 257 employees because of its inability to sell [...]

One in five lenders will not allow customers to opt for interest-only residential mortgages, research has revealed. The number of interest-only mortgages taken out in last year rose by 33 [...]

Mortgages More than 10 per cent of the 3m people planning to buy a property between February and July claim they will not need a mortgage, according to mform. Research [...]