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RGA PR and Leading Causes Partner on Mortgage Tech White Papers

Tuesday, May 22, 2012

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RGA Public Relations has announced a partnership with Leading Causes LLC, a leadership, organizational development and project management consultancy, to produce white papers for the mortgage technology sector of the home finance industry.Click to continue

Study Finds 84 Percent of Renters Intend on Buying a Home

Tuesday, May 22, 2012

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A homebuyer poll released by TD Bank has revealed that aspirations of homeownership are still very much alive in the U.S. The majority (84 percent) of today’s younger renting generation (ages 18-34) responded that they intend to buy a home. Overall, more than half of consumers polled say homeownership is a vital component to defining [...]

New Appraisal Institute Book Provides Insight Into Litigation Valuation

Tuesday, May 22, 2012

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Litigation valuation is a fascinating discipline that offers qualified real estate appraisers a wide range of opportunities, according to a new book by the nation’s largest professional association of real estate appraisers. Applications in Litigation Valuation: A Pragmatist’s Guide, published by the Appraisal Institute, is intended to help appraisers who are new to litigation valuation [...]

Survey Respondents Relay Concerns Over Current Mortgage Relief Programs

Tuesday, May 22, 2012

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Money Management International (MMI) has conducted a national housing survey to learn how homeowners would act if they were struggling with mortgage payments.Click to continue

Delinquencies Rise for the First Time in Nine Months

Tuesday, May 22, 2012

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Lender Processing Services Inc. (LPS) has reported the following "first look" at April 2012 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. The total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) stood at 7.12 percent.   â–ºMonth-over-month change in delinquency rate: 0.4% [...]

PHH Mortgage Names David E. Tucker President

Tuesday, May 22, 2012

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PHH Corporation has announced that David E. Tucker has been appointed president of PHH Mortgage Corporation, PHH’s mortgage origination and servicing subsidiary. Tucker succeeds Smriti Laxman Popenoe, who has served as interim president of PHH Mortgage since March. After a transition period, Popenoe will resume her responsibilities as executive vice president and chief risk officer [...]

Alec Cheung to Lead eLynx Marketing Team

Sunday, May 20, 2012

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eLynx has announced that it has hired Alec Cheung to serve as vice president of marketing. Cheung will oversee product planning and management, internal and external marketing communications, brand management, and public relations. Cheung will be based in the company’s Cincinnati headquarters. In addition to his duties related to the strategic marketing of products and solutions, [...]

Mortgage Returns Launches New Guaranteed Targeted Marketing Program

Sunday, May 20, 2012

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Mortgage Returns has announced the launch of a new marketing program with a money-back guarantee. Mortgage Returns’ first uaranteed marketing program focused on the challenge of customer retention. As mortgage rates reached record lows, Mortgage Returns assessed its customer’s databases and found that nearly 60 percent of homeowners needed a professional loan review.Click to continue

Top Five Things to Improve Your Existing Business

Sunday, May 20, 2012

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In the February 2012 issue of National Mortgage Professional Magazine, I wrote an article titled “The Top Five Things to Know to Start Your Career as an LO." Now, I want to provide some tips on how to improve an existing loan origination (LO) business. The five strategies listed below are ones that some of [...]

Mortgage Insurer MGIC Files Suit Against Freddie Mac and FHFA

Sunday, May 20, 2012

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MGIC Investment Corporation has announced that its Mortgage Guaranty Insurance Corporation subsidiary has filed a lawsuit in Federal District Court in Milwaukee, Wis. against Freddie Mac and the Federal Housing Finance Administration (FHFA) regarding the pool insurance dispute between MGIC and Freddie Mac. The dispute has been described for some time in MGIC Investment’s public [...]