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Citi Becomes Latest Bank to Cut Off Mortgage Brokers
Wall Street Journal (blog)
By Matthias Rieker Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers. The move shows once again how the financial crisis is reshaping the mortgage industry.

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10:53 PM 02/03/2012


Bloomberg

With Role Lessened, Loan Chief Exits BofA
Wall Street Journal
By DAN FITZPATRICK and JOANN S. LUBLIN Barbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America Corp., is leaving as the financial giant retreats from the home-loan business.
Bank of America Corp. (BAC) Recap: Stock Surges 7.5% in Turnaround WeekWall St. Cheat Sheet

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02:24 AM 02/04/2012


New "secret lender" announced
MyIntroducer.com
The award winning Secured Loan Broker, Loans Warehouse, have today unveiled the addition of the first new lender to enter the Secured Loan market in 2012. After a week of build-up as to the identity of the new lender on social media site twitter, ...

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09:27 AM 02/01/2012


Heritage Bank Goes Nationwide with Mortgage Lending
San Francisco Chronicle (press release)
Heritage Bank will expand its mortgage broker network to offer home loans in every state and territory in Australia from today (Wednesday, 1 February). Heritage Bank will expand its mortgage broker network to offer home loans in every state and ...

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09:19 AM 02/03/2012


Mortgage warning to first-time buyers despite banks' increased lending pledge
Belfast Telegraph
Industry experts have warned first-time buyers may still struggle to get a mortgage despite banks pledging to offer more home loans. Half of all buyers with a 10% deposit are refused a loan, according to the latest findings from mortgage brokers.

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11:42 AM 02/03/2012







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