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Rockville in Conn. Opening Two Mortgage Offices
The Massachusetts office will be located on Cape Cod and will be run by Jim Picciotto, who most recently oversaw mortgage lending in Massachusetts for Jacksonville, Fla.-based EverBank (EVER). He will be joined by Leonard Tocci, a longtime mortgage 

Downtown's Wyndham RiverWalk Jacksonville site under contract, could boost ...
The 322-room hotel is owned by the lender that foreclosed on it, and the surrounding 10 acres is owned by a South Florida group, led by attorney Steve Pardo, that took four different mortgages on the property — and then only defaulted on the hotel

GOP accuse Alex Sink of 'using predatory lending practices'
"the worst I have ever seen" in terms of predatory lending. EquiCredit's delinquency rate -- the share of mortgages either 90 days past due or in foreclosure -- was much higher than average, and targeted minorities, women and the elderly, he said

Fidelity Southern Corporation Earned $3.9 Million In Fourth Quarter
The increase is attributable to a $10.2 million increase in noninterest income from mortgage banking activities and a $2.6 million increase in noninterest income from indirect lending net of a slight decrease in other noninterest income of $2.5 million

Mortgage Loans in JACKSONVILLE, FLORIDA Find and compare hundreds mortgage loans in JACKSONVILLE, FLORIDA. LendingUniverse - Real Estate Brokers Commercial ...

Are you serving investors as well as you could?

“We’re in sort of a flux period right now. There’s discussion on legislation, there’s discussion on lending practices, people have loosened up credit guidelines, but the devil is always in the details, and if you’re going to put another tool in your toolbox, make sure you read up on it or call someone who can talk you through it,” Haye said.

Because Velocity talks to realtors, bankers, brokers, and hard money lenders, they have a good handle on the landscape, and even in such a tight housing market, there’s opportunity for investing as well as fixing and flipping. A recent Money Magazine report revealed the top markets for flipping based on ROI: Baltimore was number one with an unbelievable 96.6%; followed by Knoxville, TN at 85%; Oklahoma City at 76.1%; Jacksonville, FL, at 75.8%; and Memphis, TN, at 75.6%. But even if you’re not in any of the markets on the list, there are plenty of others, as long as you have a plan—and have a product that allows you to be flexible.

NDA Hires Three New Executives to Team

New Diligence Advisors (NDA), a national third-party review firm which currently provides a full range of loan underwriting and review services for lenders and investors, has announced the hiring of three new executives to its team. All three executives will be based in NDA's operations center in Jacksonville, Florida.

Mikhael Mikle has been added as VP of Loan Review Services. She will oversee the leadership of production resources to successfully execute client engagements. Additionally, Mikle will direct all activities responsible for identifying and implementing opportunities to improve operational performance. Mikle is a seasoned mortgage industry veteran with more than 20 years of professional leadership with a focus on client delivery, regulatory compliance, credit risk administration, resource and performance management. Prior to joining NDA, she was the site director for credit risk, underwriting and quality for PHH mortgage and has previously held several other leadership roles within PHH.