Realtor Influenced Settlement Costs; The Future of Fannie and Freddie; New Mortagee Letters; Wells Fargo Q4 Loan Production

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Posted To: Pipeline Press

Some would say that the winning bid for this website domain name represents the change in mortgage lending in the last 5 years: OPTIONARMS And here is one quote that I received recently which also represents what many seem to feel. "I love my job but it's really the industry I dislike right now." Companies in the mortgage industry have been reporting financial results lately. In the mortgage insurance sector, most MI company shares tumbled after MGIC Investment Corp. posted fourth-quarter results far below analysts' expectations. MGIC's shares plummeted 21% in one day after the company reported a loss of 93 cents a share. The largest MI company's llosses on mortgage default claims rose again after trending downward during the two previous quarters, and in fact MGIC has been posting quarterly...(read more)

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Source: www.mortgagenewsdaily.com

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