Top Mortgage Lenders

Nation's Top 5 mortgage lenders agree to reforms

WASHINGTON — The nation’s five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday.

Mortgage lenders offers states new terms for draft settlement over mass foreclosures

The nation's five largest mortgage lenders have offered a draft settlement to pay out as much as $25 billion to cover new terms for homeowners driven out by foreclosure, but government officials said Monday the states won't be able to close the deal before President Obama's State of the Union address on Tuesday. 

Lower Fixed Mortgage Rates Expected as Lenders Fight for Business

TORONTO, ONTARIO-- - Canadian consumers could see lower fixed mortgage rates this month as competition heats up and lenders look to build their mortgage pipeline for the year, says RateSupermarket.ca's ...

Settlement with mortgage lenders inadequate, activists say

As Obama administration officials pushed Monday toward finalizing a deal with the nation’s largest banks over widespread foreclosure abuses , they encountered a fresh wave of criticism from a familiar source: Liberal activists and consumer advocates insisting that the president is settling too soon, for too little. Read full article >>

Madiagn files suit over faulty mortgage assignments filed with county recorders

 Attorney General Lisa Madigan today filed a lawsuit against Nationwide Title Clearing for filing faulty documents with Illinois county recorders. Nationwide Title Cleaning Inc. (NTC) is a Florida-based company that prepares documents for mortgage servicers to use against borrowers who are in default, foreclosure or bankruptcy.

Prospect Mortgage Announces Inaugural Rookie Loan Officer Training Program

SHERMAN OAKS, Calif., Jan. 31, 2012 /PRNewswire/ -- Prospect Mortgage, one of the nation's largest independent residential retail mortgage lenders, has launched a Rookie Loan Officer Training Program, ...

Maverick Funding Corp. Announces Additional Growth for Reverse Mortgage Network Subsidiary

Former Great Oak Funding CEO Joshua Shein to join Maverick, launch new Maryland branch of RMNParsippany, NJ (PRWEB) February 06, 2012 Maverick Funding Corp. today announced that 40 reverse mortgage loan officers from Baltimore-based Great Oak Funding, including former CEO Joshua Shein, are joining its subsidiary, Reverse Mortgage Network, headquartered in Parsippany, New Jersey.Shein will launch ...