Monday, September 15, 2014



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Banks Drive Drop in Mortgage Jobs preview | full story
Total mortgage industry employment was lower in the latest quarter as a result of a sharp drop at banks. Home lending jobs moved up, however, at credit unions and non-banks. North Carolina suffered more than any other state.
www.mortgagedaily.com/stories/MortgageEmploymentIndex091514.asp



Investors Find Peace of Mind with Orion's i3
Proprietary software performs complete collateral file reviews
and helps smaller investors track and locate missing documents.
www.orionfgi.com


Service Providers Make Up Many of Mortgage Layoffs preview | full story
As mortgage lenders respond to a changing marketplace with staff reductions, several service providers are finding themselves in the same position.
www.mortgagedaily.com/stories/Layoffs091414.asp


www.mortgagepreflight.com

Bank Mortgage Market Share Continues to Diminish preview | full story
The trend of declining mortgage market share at banks continued during the latest quarter even as overall originations increased.
www.mortgagedaily.com/stories/MarketShare091314.asp



Down Payments Rise, Hawaii's Highest preview | full story
Home buyers plunked down more cash in the second quarter, a positive sign for the housing market. Down payments were largest in the Aloha State.
www.mortgagedaily.com/stories/Downpayments091214.asp



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Mortgage Business Bounces Back From Holiday preview | full story

New mortgage activity increased from the holiday week and would have risen more if it weren't for refinance and conventional business. Fixed rates are likely to be higher in the next report.
www.mortgagedaily.com/stories/MMI091214.asp


Mortgage Market Index 158 in week ended Sept. 12

Maternity Discrimination Settlements Pile Up preview | full story
Another home lender has agreed to resolve allegations that it discriminated against a borrower on maternity leave -- bringing to 14 the number of such settlements reached over the past three or so years.
www.mortgagedaily.com/stories/SettlementHud091214.asp


Program Provides Immediate Cashouts on Purchases preview | full story
A little-known program from the Federal National Mortgage Association enables cash buyers to immediately get a cashout loan on their newly purchased home.
www.mortgagedaily.com/stories/MctCashout091114.asp


Mortgage Broker Cooperative Launches
preview | full story
A new cooperative targeted at mortgage brokers promises to improve access to wholesale lending programs while streamlining the origination process for wholesale lenders.
www.mortgagedaily.com/stories/WholesaleOne091114.asp


Ginnie Mae MSRs Hit the Market
preview | full story
A portfolio of mortgage servicing rights on Government National Mortgage Association loans has been put up for sale.
www.mortgagedaily.com/stories/MsrSale091114.asp


Healthcare Property Loans Worst CMBS Performers preview | full story
When it comes to losses on commercial real estate loans that are securitized, mortgages to finance health care properties take the gold and silver medals.
www.mortgagedaily.com/stories/HealthCareCreLosses091214.asp


Read the full text of these articles and many more at: www.MortgageDaily.com




     

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