UPDATE: FHFA exec arrested for threatening to shoot Ed DeMarco
The chief operating officer of the FHFA has been charged with a felony after allegedly threatening to shoot former Acting Director Edward DeMarco
Focus on lower-credit borrowers paying dividends
Carrington Mortgage Service’s announcement in March that it would increase its focus on borrowers in the sub-640 FICO range was a boon to underserved home buyers. But the decision also makes sound business sense, according to Carrington exe ...
Economy, housing normalizing slowly but steadily – report
300 metro areas have seen year-over-year economic gains as the economy and the housing market slowly return to normal, according to recent data
Commercial market still booming despite challenges -- study
Regulatory challenges and a brutal winter haven't damaged the commercial boom, according to data released today
Young Guns 2014
We asked you to nominate mortgage professionals 35 and younger who're already doing great things, and your suggestions came flooding in. Meet the young stars who are making waves in the mortgage industry.
Judge approves $280 million JPMorgan settlement
Whoever is writing the checks for JPMorgan Chase better limber up his hand. A US district court judge has granted preliminary approval for the bank to shell out $280 million to settle claims that it misled investors in the purchase of billi ...
Underwater rates down substantially, foreclosures rapidly aging
According to a new study, a decline in the number of distressed loans has led to a plummeting rate of underwater mortgages
Holder: No company ‘too big to jail’
The Justice Department will be pursuing criminal charges against various big banks in the coming weeks and months, the attorney general says
Ben Hargraves | Young Guns 2014
Ben Hargraves, Age: 31, Vice president of sales and operations, Integrity Home Loan
Marco Merati | Young Guns 2014
Marco Merati, Age: 28, Branch manager and loan officer, Village Mortgage