Everything about mortgage

Fifth Third announced plans to expand in Tennessee.
The company said Geoff Hill was tapped to oversee the expansion as head of a new Tennessee mortgage division.
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Navy Federal Credit Union reported that originations last year were up 9 percent over 2008.
The credit union also announced that it now provides 100 percent financing.
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Last week, four federally insured banks and thrifts failed.
Each institution was handed over to the Federal Deposit Insurance Corporation as receiver.
No buyer could be found for Waterfield Bank, which was closed by the Office of Thrift Supervision.
In addition, no buyer was found for Centennial Bank, which was closed by the Utah Department [...]

During the quarter, 134 mortgage-related lawsuits were tracked in the Fourth Quarter Mortgage Litigation Index announced by MortgageDaily.com and prepared in conjunction with Patton Boggs LLP.
Case activity increased from 76 cases documented in the third quarter.
It was the highest quarter on record since tracking began in 2007.
Loan modification cases were the driving [...]

Well Fargo Bank, N.A., was the biggest retail lender during the fourth quarter, according to data provided by the Federal Deposit Insurance Corporation to MortgageDaily.com.
The data were collected for first-mortgage activity at FDIC-insured banks and thrifts with at least $1 billion in assets or $10 million in quarterly originations.
Wells Fargo also grabbed the [...]

"Pete Makowiecki has left MetLife Home Loans," the company said in a statement to MortgageDaily.com.
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During February, reverse mortgage lenders originated 8 percent fewer reverse mortgages than in January, Reverse Market Insight reported.
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GMAC acknowledged to MortgageDaily.com that changes are being considered for its 3-D correspondent program.
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Read important advice about home mortgage – For the most part, people become weary and wary of the efforts made by the government to make their financial lives a bit easier. However, as a result of the financial crisis, more and more Americans are looking towards the Federal Government for answers – and when it [...]

Find Out important tips about refinance – Get your mortgage interest rate written down on paper. Mortgage rates change daily, and just because you can get a low interest rate now does not mean that the rate will be available when you refinance. You must ask the lender or bank to jot down the IRs [...]