10-Year Anniversary at MortgageDaily.com
When Sam Garcia registered the "MortgageDaily.com" domain name 10 years ago, he had no idea that during the next decade U.S. mortgage originations would reach their highest levels ever or that the mortgage sector would subsequently be completely devastated.
On Dec. 10, 1998, a domain registration was filed with Network Solutions to secure the Web address www.MortgageDaily.com. The domain was one of dozens registered by Garcia -- who had already spent nearly two decades in real estate finance.
He went full-time with MortgageDaily.com in 2000. The site started out as a Web log, identifying mortgage news at other publications and linking to the original stories. But soon, Garcia was writing stories himself as he began to build of a network of freelance reporters who also wrote articles for the trade publication.
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Dec. 10
Mortgage Attorneys See Surge in Cases
Legal actions tied to mortgage compliance, mortgage fraud and regulatory orders have surged, according to the Third Quarter Mortgage Litigation Report.
Dec. 1
Biggest U.S. Mortgage Lenders
Mergers and acquisitions are shaking up the standings of the biggest mortgage originators and will continue to reshape rankings through next year.
Nov. 17
Mortgage Fraud Falls
Quarterly mortgage fraud activity dropped. Some of the states with the most fraud activity were also the states with the most foreclosures.
Oct. 27
Credit Crisis Spawns 243 Mortgage-Related Failures
Since the beginning of the credit crisis in 2006, 243 mortgage-related operations have collapsed or closed down.
Oct. 15
Over 9,000 Mortgage Layoffs in Q3
Employers slashed more than 9,000 mortgage jobs in the third quarter.
Oct. 6
Investor Lawsuits Surge Against Lenders
An analysis of mortgage-related litigation and legal actions in the second quarter indicates active lawsuits filed by shareholders against mortgage firms jumped more than 50 percent from the prior quarter.
Sept. 9
Biggest Mortgage Lenders
A new company has emerged as the biggest U.S. mortgage lender.
July 28
Acquired Mortgage Companies Increase as Failures Decline
Mortgage-related company failures have fallen as the number of acquisitions has grown
July 21
Mortgage Fraud Surges
Second quarter mortgage fraud activity doubled from a year earlier, according to the FraudBlogger Index.
July 14
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