$3 bil IPO is biggest for commercial bank | improved valuation service offerings

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$3 Billion IPO is Biggest for Commercial Bank preview | full story A completed $3 billion initial public offering is the biggest for a U.S. commercial bank. Some of the proceeds will be used for mortgage recruitment. www.mortgagedaily.com/stories/MctCitizensIpo092414.asp Improved Valuation Service Offerings preview | full story Several service providers have stepped up their appraisal offerings, some though alliances with other service providers. One vendor recently picked up two new clients. www.mortgagedaily.com/stories/Appraisals092414.asp Foreclosures By HOAs Wipe Out Mortgage Liens preview | full story Decisions made in separate lawsuits filed in Nevada and Washington, D.C., have mortgage lenders losing their liens when homeowners associations foreclose. www.mortgagedaily.com/stories/LawsuitUsBank092414.asp Mortgage Advertising read more Put your company's ad on this e-mail newsletter. read more | e-mail | 800.511.5204 | www.mortgagedaily.com/advertise.asp New Home Sales Soar preview | full story New home sales jumped to the highest level in six years but still stand well below pre-crisis levels. www.mortgagedaily.com/stories/MctRealEstate092414.asp How Ginnie Differs from GSEs preview | full story In addition to its guarantee structures and servicing responsibility, Ginnie Mae differs from its secondary step-cousins in the size of its ranks. www.mortgagedaily.com/stories/GinnieVsGses092314.asp Risk of Identity Mortgage Fraud Intensifies preview | full story There was no quarterly change in the risk of mortgage fraud across the country. But likely instances of perpetrators hiding their identity worsened. www.mortgagedaily.com/stories/FraudRiskIndex092414.asp FDIC Sues Frmr CEO, Directors of Failed $1 Bil Bank preview | full story A new lawsuit filed against Bank of the Commonwealth's former chief executive officer, chairman and board members seeks at least $11 million in damages. www.mortgagedaily.com/stories/MctLawsuitFdic092314.asp Ginnie Addresses Growth in Non-Bank Issuers preview | full story The Government National Mortgage Association is increasingly doing business with non-bank servicers, presenting a new set of challenges. www.mortgagedaily.com/stories/GinnieNonBanks092314.asp US Says Plenty of Evidence Countrywide Lied to GSEs preview | full story Bank of America Corp.'s attempt to avoid a more than $1 billion penalty from a federal lawsuit is being opposed by the government, which says it presented more than enough evidence to support the decision. www.mortgagedaily.com/stories/MctLawsuitBofA092214.asp Record Attendance at Mortgage Broker Conference preview | full story Attendance at the recent mortgage broker conference was better than it has ever been, prompting an optimistic outlook for the industry. www.mortgagedaily.com/stories/NambConference092214.asp

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