Mortgage Lending News     Click to continue . . .

  •   Guaranteed Home Mortgage Company Announces New Survival Package for Struggling Mortgage Companies
Guaranteed Home Mortgage Company, Inc. (Guaranteed, www.ghmc.com), a White Plains, New York-based residential mortgage investment and banking firm, today announced a new survival package for struggling mortgage companies. The package consists of assistance in compliance, marketing, accounting and processing, and the use of proprietary software systems, under the Guaranteed umbrella.
Guaranteed Home Mortgage Company, Inc.,Kelley Berkheiser,White Plains Ny  12/03/2008

  •   Enhancement of Regular Refinancing Loans to Veterans
The Veteran's Benefits Improvement Act of 2008, Public Law 110-389, was recently signed into law by the President. This law addresses changes to the VA (Veteran's Administration) Loan Guaranty Program of which MoneyLine Lending is a sponsored lender. This bill, in addition to low fixed interest rates, improves and enhances housing benefits for veterans.
MoneyLine Lending,Steve Gebhardt,Harrisburg Pa  12/03/2008

  •   Mortgage Fraud Jumps by 45% on Fewer Loan Applications in U.S., Per the Mortgage Asset Research Institute (MARI)
Key Findings: Fraud Most Often Occurs at the Beginning of the Loan Process
LexisNexis Risk & Information Analytics Group,Kimberly Tate-Nuwar,Reston Va  12/03/2008

  •   Homex Announces 2009 Revenue Guidance Above the Industry's Expected Average Growth Rate
Desarrolladora Homex, S.A.B. de C.V. (Homex or the Company) (NYSE:HXM) (NYSE:BMV:) (NYSE:HOMEX) today announced its guidance for 2009. The Company expects to perform favorably in the year ahead with revenue growth in the range of 8 to 10 percent and EBITDA(1) margin in the range of 23.0 percent to 24.0 percent bolstered by continuing demand for affordable entry-level homes and the favorable mortgage conditions to finance them under federal housing programs.
Desarrolladora Homex, S.A.B. de C.V.,,Culiacan Mexico  12/03/2008

  •   Mortgage Applications Surge With Large Drop In Rates In Latest MBA Weekly Survey

Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  12/03/2008

  •   HFF Arranges Senior Loan For Hyatt Regency Sarasota In Sarasota, Florida
The Miami and Pittsburgh offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they arranged a senior loan for the Hyatt Regency Sarasota, a 294-room hotel in Sarasota, Florida.
HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Miami Fl  12/03/2008