Radian Guaranty, Inc., a private mortgage insurer and subsidiary of the Radian Group, announced it will reward current insured borrowers through the Responsible Homeowner Reward program, which is administered by Loan Value Group LLC, a company founded in 2008 to provide borrower incentives to protect investors and servicers.
Read More »Mortgage Returns Reveals Strong Revenue Report
Missouri-based Mortgage Returns is celebrating a strong 2012 thus far, recently revealing that the company's revenue has grown significantly since January. The database management and automated marketing services provider has reported a 50 percent uptick in revenue since the start of the year.
Read More »Moody’s Review Extension Draws Commentary from Genworth
Responding to Moody's Investors Service Inc.'s decision to extend the review period for potential downgrades for portions of the company's debt, Genworth Financial, Inc., has issued an official statement on the pending evaluations. Noting that Genworth is proceeding with urgency in its dealings with Moody's, the company expressed confidence in the outcome of the review process.
Read More »Interthinx Partners with Firm to Provide Attorney-Backed Compliance
Interthinx and Middleberg Riddle & Gianna are teaming up to offer attorney-backed compliance services to mortgage lenders.
Read More »Oscar-Winner’s Beverly Hills Estate Lists for $3.395M
The former Beverly Hills home of Ernest Borgnine has hit the market in Los Angeles, California. The gated estate, designed in 1938 by architect L.G. Scherer, is currently listed for $3.395 million.
Read More »DocMagic Capabilities Available Through LendingQB
Lending QB and DocMagic have teamed together to offer a more seamless approach to loan origination in LendingQB's origination software.
Read More »Freddie Mac Granted Dismissal of Class Action Suit
Freddie Mac has emerged as the victor in a legal battle over alleged securities fraud. Originally filed in August 2008, the putative class action lawsuit was dismissed with prejudice.
Read More »Study Shows Improving Projections for Single-Family Housing
The Urban Land Institute (ULI) has released a new study that shows declining expectations for the U.S. economic picture, with one positive exception - single-family housing. In the organization's semi-annual Real Estate Consensus Forecast, ULI found that most growth projections had been scaled back, but the group's survey of 39 leading real estate economists and analysts from around the U.S. indicated "more optimism" in the single-family housing industry, as forecasts for starts and home prices demonstrated significant increases.
Read More »Walker & Dunlop Names New VP of Closing Unit
Walker & Dunlop, Inc., announced that Douglas C. Blake has been hired as senior vice president of the company's closing department. According to Walker & Dunlop's recent release, Blake will manage the department, including all aspects of the loan closing process.
Read More »Tight Credit Access to Hinder Housing in Final Quarter
While the fall months look to be unprecedented for the housing market, LendingTree expects tight lending requirements will keep many borrowers from taking advantage.
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