Cash On The Blog

News Headlines

• RealtyTrac: 1 Million Lost Homes Since Yearend '08
  More than 1 million U.S. consumers have lost their homes to foreclosure since the end of 2008, according to new figures compiled by RealtyTrac, Irvine, Calif. […]
• Phoenix Capital Working on Large Servicing Deal
  Phoenix Capital, Denver, is working on bringing an $800 million package of servicing rights to the auction market, according to one advisor familiar with the transaction. […]
• Former GNMA Chief: Cut the Agency Loose From HUD
  The Government National Mortgage Association should be given its independence from the Department of Housing and Urban Development, its former president said. […]
• Commercial Banks Will be Big Buyers of MBS This Year
  Commercial banks will be big buyers of agency MBS this year and help keep mortgage rates in check after the Federal Reserve withdraws from the market, according to the head of securitization strategy at Barclays Capital. […]
• Two Top Level Departures at MetLife Home Loans
  Two top officers in charge of the fast growing MetLife Home Loans, Memphis, have departed the bank-owned residential lender/servicer, National Mortgage News has learned. […]