Archive for January 9th, 2012

Financial Check-Up: 10 Steps to Get Mortgage Ready

SANTA ANA, CA–(Marketwire -01/09/12)- Whether you’re financing or refinancing, the thought of applying for a mortgage can be scary. After all, a lot of folks say the mortgage marketplace has largely closed down and that home loans are difficult to get, if not impossible. “More than four million existing homes were sold in 2011 according ...Read More

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Stonegate Mortgage Corporation Appoints John Macke Executive Vice President of Capital Markets

INDIANAPOLIS–(BUSINESS WIRE)– Stonegate Mortgage Corporation, the fastest growing independently owned mortgage lender in the U.S., today announced that it has named John F. Macke, Executive Vice President of Capital Markets. A seasoned finance executive with significant experience in the mortgage industry, Mr. Macke will be responsible for all secondary marketing, capital markets and servicing asset ...Read More

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PrinceRidge Names Barry Berkeley Head of U.S. Residential Mortgage Backed Securities Group

NEW YORK–(BUSINESS WIRE)– PrinceRidge, the financial services firm led by John Costas (Chairman) and Michael Hutchins (CEO), has named Barry Berkeley Head of the U.S. Residential Mortgage Backed Securities Group. Mr. Berkeley will be responsible for all U.S. Residential Mortgage Backed sales and trading activities at the firm. Michael Hutchins said “We are pleased to ...Read More

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Fed Should Fine Law-Defying Mortgage Servicers, Raskin Says

January 08, 2012, 10:48 PM EST By Joshua Zumbrun and Alex Kowalski (Updates with comment in ninth paragraph.) Jan. 7 (Bloomberg) — Federal Reserve Governor Sarah Bloom Raskin said the central bank should fine mortgage servicing companies that broke the law and are partly to blame for the current “foreclosure crisis” in U.S. housing. “The ...Read More

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Skipton International Retains Number One Mortgage Spot

ST PETER PORT, Guernsey, January 9, 2012 /PRNewswire/ – Figures just released show that for the second year running, local savings and mortgage bank Skipton International has retained the top spot for new Guernsey mortgage lending it won for the first time last year, claiming over 30% of all new mortgage bonds issued during 2011. ...Read More

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