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suntrust names mortgage industry veteran david stevens to new role as president, suntrust mortgage, inc.

atlanta, may 30, 2012 /prnewswire/ -- suntrust banks, inc., (nyse: sti) announced today that david stevens, currently president and ceo of the mortgage bankers association (mba), will join the company ...

residential mortgage backed roosters comin' home to roost as rmbs task force gets to work

first the feds were looking at the the swath of mortgage-backed securities among federal home loan mortgage corporation (freddie mac), the federal national mortgage association (fannie mae), and the government national mortgage association (ginnie mae) (collectively, "MBS").  if you just go by the reports in the press and the swirling rumors on the street, a lot of banks are nervous: ally ...

mortgage borrowers still underwater

despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.

a borrower's guide to the mortgage application

a mortgage application serves a simple purpose: to help the lender decide whether to lend money to the borrower. but the industry standard uniform residential loan application, also known as fannie mae ...

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