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Mortgage Debt Exceeds $8 Trillion.(Brief Article)
Washington -- With interest rates rising - which reduces "runoff" rates - it appears that residential servicers are finally seeing some traction on their balances. According to survey figures compiled by National Mortgage News, some firms experienced modest portfolio gains in the third quarter.
Countrywide Home Loans, Calabasas, Calif., the nation's largest overall servicer, saw its mortgage receivables increase by 33% at Sept. 30 to $1.04 trillion. (The comparison is to the same period last year.) Other large firms reporting handsome third-quarter increases include GMAC Mortgage, Horsham, Pa. (up 27%); GreenPoint ...
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...ATLANTA, Oct. 29 /PRNewswire/ -- HomeBanc Mortgage Corporation, Atlanta's number...Flood, executive vice president of HomeBanc Mortgage, stated, "It is exciting to be...The new joint program allows HomeBanc Mortgage Corporation to lend 2 percent of...
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...Tenn., June 20 /PRNewswire/ -- HomeBanc Mortgage Corporation, one of the largest...more information about HomeBanc, HomeBanc mortgage products or directions to the Brentwood...Tennessee since April of this year. HomeBanc Mortgage, a mortgage banking company that...
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...ATLANTA, Oct. 29 /PRNewswire/ -- HomeBanc Mortgage Corporation, Atlanta's number...Flood, executive vice president of HomeBanc Mortgage, stated, "It is exciting to be...The new joint program allows HomeBanc Mortgage Corporation to lend 2 percent of...
Source: HighBeam Research, Mortgage Debt Exceeds $8 Trillion.(Brief Article)