Banking
Latest Posts
Subprime Lender Mandalay Mortgage Latest to Shut Doors
Jan 29, 2007Subprime wholesaler Mandalay Mortgage is the latest in a growing line of lending operations to shut its doors this year, according to information obtained by Housing Wire. A notice on the company’s website said the company has exited the non-prime wholesale business effective January 24th, and that loans already in the company’s funding pipeline will be processed. No reason for the company’s exit was provided, and phone calls were not returned prior to HW’s press deadline.
-
Mass. Default Notices Up 70 Percent in 2006; Foreclosure Sales Up 46 Percent
Jan 29, 2007 -
Virginia-based Millennium Exits Mortgage Banking
Jan 25, 2007 -
Calif. Foreclosure Activity Reaches Highest Level in Eight Years
Jan 25, 2007 -
LoanPerformance Announces 2007 Symposium Series
Jan 24, 2007 -
PHH Expects $20 Million Loss in 4th Quarter
Jan 24, 2007 -
Sale of First Franklin Drives Q4 Profit at National City
Jan 23, 2007 -
Real Estate Auctioneer Targets Borrowers in Default
Jan 22, 2007 -
MLN woes continue
Jan 19, 2007 -
Transnational Financial Network Acquires Austin-based Mortgage Originator
Jan 19, 2007 -
Downey Sees Net Income Drop; Deliquencies Triple
Jan 18, 2007 -
Foreclosure Filings Exceed 100,000 for Fifth Straight Month, Up 35 Percent From Dec 2005
Jan 17, 2007
