Including government-insured and proprietary loans, reverse mortgage production grew during the latest month. The improvement hit both the retail and wholesale channels. With a new world order just around the corner for the sector, one company is poised to be the new leading originator. Retail originators were responsible for 54 percent of previously reported home-equity [...]
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New Reverse Mortgage Leader Emerging
August 14th, 2012 
davidguide 
Posted in Business Loans 
Tags: conversion, Corner, equity conversion mortgage, federal housing administration, home equity conversion, home equity conversion mortgage, Housing, June, percent, Sector, wholesale channels 
Comments OffCMBS Performance Takes Turn for Worse
October 19th, 2011 davidguide September’s delinquency rate on securitized commercial real estate loans was 35 basis points worse than in August. The rate is up 112 BPS when compared to September 2010. Overall performance was hurt by deterioration in the office property sector. View full post on Mortgage Stories
Posted in Business Loans Tags: basis, basis points, CMBS, commercial real estate, delinquency rate, office, post, property sector, real estate loans, Sector, Turn Comments Off5 Tips to Build Your Business
September 25th, 2011 davidguide It does not matter if your business is online or off; making money today is hard work. Even veteran businesspeople are struggling, and it’s down to many things. The cost of living is increasing, the recession is still raging and people are being more cautious with their money, spending more on things that need and [...]
Posted in Business Loans Tags: brand reputation, Business, leisure, leisure and recreation, mutual relationship, Recession, recreation sector, Sector, small business loan, Today, work Comments OffWells HECM Originations Up Again
September 13th, 2011 davidguide Wells Fargo Bank, N.A., once again was the biggest originator of home-equity conversion mortgages for the month. It was the second month in a row that the reverse unit originated more HECMs than the previous month. The positive results came despite its disclosure in June that it would exit the reverse mortgage sector. View full [...]
Posted in Business Loans Tags: bank, conversion, HECM, home equity conversion, June, Originations, post, reverse mortgage, Sector, wells fargo bank Comments OffBanks Improve Performance
August 24th, 2011 davidguide The banking sector has lifted quarterly earnings by nearly 9 percent over the past year. At the same time, the sector cut residential delinquency by more than 70 basis points. In addition, the number of bank failures during the first six months of this year was down nearly half from the same period last year. [...]
Posted in Business Loans Tags: bank failures, banking sector, basis, basis points, Delinquency, half, number, percent, post, quarterly earnings, Sector Comments OffProductivity Slows, but Beats
May 5th, 2011 davidguide In the first quarter. Nonfarm business sector labor productivity increased at a 1.6% annual rate. That was much better than the consensus expectation of a 1.0% increase. View full post on Business Stories
Posted in Business Structures Tags: Beats, business sector, consensus, expectation, first quarter, labor productivity, post, Sector, Slows Comments Off
