Baker Donelson opens South Florida office

Law firm Baker Donelson Bearman Caldwell & Berkowitz has set up shop in Fort Lauderdale with an eye on getting a slice of the large mortgage litigation pie in the Sunshine State. NBJ's E.J. Boyer reports the office — Baker Donelson's 20th in all — is starting work with three attorneys and two paralegals.

Jul 23, 2013 7:00 AM

FirstBank launches big mortgage push

Execs relocating from West Tennessee, Alabama plan to hire more than 10 in 'near future'
Jul 18, 2013 1:28 PM

Mortgage delinquency, foreclosure rates tick down again

After five months in a very tight range around 1.15 percent, the Nashville-area foreclosure rate fell to 1.06 percent in April, says research firm CoreLogic. Similarly, the 90-day delinquency rate among local mortgage borrowers dipped to 4.01 percent. It hasn't been below 4 percent since March of 2009.

 

Jun 25, 2013 12:39 PM

On our flattened foreclosure rate

Research firm CoreLogic says the Nashville-area housing market continues to heal if you're looking at it through the lens of seriously delinquent mortgages. In March, 4.2 percent of area home loans were delinquent, which is down 13 basis points from February and about 90 basis points less than a year earlier. All appears to be good there.

But the other metric CoreLogic tracks closely, the foreclosure rate, has stubbornly stayed around 1.15 percent since last fall. So, mortgage market watchers out there: Is that foreclosure rate our new "natural" number?

 

May 24, 2013 7:18 AM

F&M promotes mortgage exec

Managers in Clarksville, Brentwood, Hendersonville also elevated
May 7, 2013 7:19 AM

Magna names new area mortgage head

Senior VP previously led several THDA lending programs
Apr 29, 2013 11:52 AM

Area mortgage delinquencies rate dips

Foreclosure rates in the Nashville area decreased in February compared to February 2012 but ticked up ever so slightly from January, according to recently released data from CoreLogic. The CoreLogic data shows that the local rate of foreclosures among outstanding mortgage loans was 1.15 percent for February, a decrease of 0.55 percentage points compared to February 2012. Foreclosure activity in the area was lower than that of the national foreclosure rate, which was 2.85 percent for February. The rate of seriously delinquent mortgages ticked down more than 10 basis points from January and are now at their lowest level since May of 2009.

 

Apr 29, 2013 6:50 AM

Growing mortgage lender moves into Michigan

Churchill brings on brothers running two offices
Apr 11, 2013 12:00 PM

Mortgage delinquencies tick down some more

Research firm CoreLogic says the number of Nashville-area homeowners delinquent on their mortgages fell below 4.5 percent in January, the first time since June 2009 they were that low. The region's foreclosure rate held steady in the first month of the new year.

 

Mar 25, 2013 1:52 PM

Legends Bank adds SVP

Veteran Williamson lender moves from Community First
Mar 1, 2013 11:56 AM