Posts Tagged ‘Loses’

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M.I. Business Loses Steam

Mortgage insurers wrote fewer policies during September than in August. Next month’s business looks to be headed even lower. But the numbers have been distorted by the suspension of business at one insurer and the exclusion of data from another. View full post on Mortgage Stories

MetLife Loses No. 1 HECM Wholesaler Spot

Since May, MetLife Bank held the title of biggest wholesale originator of home-equity conversion mortgages. But that changed in October, when production tumbled 31 percent. The latest activity left MetLife ranked as the third biggest HECM wholesaler during October. View full post on Mortgage Stories

Chase Branches Loses FHA Approval

JPMorgan Chase Bank, N.A., lost its origination approval agreement with the Federal Housing Administration for an office that operates within the jurisdiction of an Atlanta field office, according to the U.S. Department of Housing and Urban Development. In addition, a Chase office was terminated by HUD’s New Orleans office. A Chase spokesman declined to comment [...]