it’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>
icba mortgage solutions names ron bricker regional account manager
icba mortgage solutions , a provider of comprehensive mortgage services to help community bank members of the independent community bankers of america originate, process, close, fund and sell residential loans, has named ron bricker as northeast regional account manager.
emc mortgage sued by securitization trust in new york
the trust financed the purchase of residential mortgages by issuing certificates that were to be repaid with interest from revenue generated from the loans, according to the court document.
fixed mortgage rates hover at record lows
a 30-year fixed rate mortgage averaged 3.78 percent; one year ago, the 30-year frm averaged 4.6 percent
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