By Tory Barringer California’s DocMagic, a provider of compliant loan document preparation services, has acquired the assets of Doc-Tech Corporation, according to a company announcement.
By Brian Honea The U.S. Department of Treasury announced that is recovered $22 million for taxpayers through the sale of First BanCorp common stock earlier
By Jann Swanson Posted To: MND NewsWire While overall foreclosure activity overall continued its now years-long decline from housing crisis peaks there was a significant
By Tory Barringer The average interest rate for a 30-year fixed-rate mortgage (FRM) product was 3.93 percent (0.5 point) for the week ending December 11,
By Brian Honea Keeping in line with the steadily increasing number of foreclosures in New Jersey, Atlantic City turned in the highest foreclosure rate in
By Matthew Graham Posted To: MBS Commentary Bond markets had an uneventful overnight session for the most part. Heading into the 7am hour, yields improved
By Brian Honea The majority of mortgage industry professionals said they believed that the lowering of the down payment to 3 percent for first-time homebuyers
By Tory Barringer The Mortgage Bankers Association (MBA) monthly survey of loan application volumes at home builders shows new home purchase activity was down 22
