Access National Mortgage Welcomes William Lyons as Senior Loan Officer to Richmond Market

Access National Mortgage Welcomes William Lyons as Senior Loan Officer to Richmond Market

RICHMOND, Va.–(BUSINESS WIRE)–Access National Mortgage (“Access”), a division of Access National Bank, has added William “Bill” Lyons as
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Mortgage Rates Drop While Apps Rise

The 30-year fixed-rate mortgage (FRM) averaged 4.59 percent for the week ending Aug. 9, down from last week when it averaged 4.60 percent.
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MBA Says New Home Purchase Apps Reflect Housing Start Surge

The Mortgage Bankers Association (MBA) says that responses to its recent Mortgage Builder Applications Survey indicates an increase of 3.6 percent
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Lender Resources; More Zillow/MLOA Q&A; Rates Treading Water

Zillow provides a nationwide bridge to the MLS through the internet for buyers … In retail news, Mason-McDuffie Mortgage Corporation “is pleased to
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Ditech lost $40.5M in first full period after bankruptcy

Ditech Holding Corp. posted a net loss of $40.5 million in its first full operating quarter since emerging from bankruptcy protection in February.
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Fake employer mortgage fraud widespread in California, Fannie warns

A mortgage scam in California where fraudsters provide fake employer information on loan applications is more widespread than originally suspected,
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People on the move: Aug. 10

CALIFORNIA. ORANGE. LRES Corp. has promoted Jill Haro to senior vice president of corporate administration.
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Average mortgage rates stabilize after two-month high

Mortgage rates took a small step back due to affordability pressure after climbing for the past two weeks, according to Freddie Mac. This pressure is
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CoreLogic Debuts Hazard HQ Data Service

“Mortgage and insurance professionals are struggling to see the complete picture of risk when natural catastrophes strike, particularly as these events
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One in 10 Mortgaged Properties Are Seriously Underwater

More than 5.5 million residential properties with a mortgage, or 10.1 percent of this housing sector, were seriously underwater during the second
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