The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
Many in the real estate industry were enthusiastic about the recent announcement that the FHA would cut mortgage insurance premiums. But the chair of the House Financial Services Committee calls the move a “cynical” attempt to “play politics” with the agency
Following last year’s unauthorized-account scandal, Wells Fargo has announced it will overhaul the high-pressure sales practices employees said encouraged fraud. Meanwhile, an internal investigation of those practices has brought the bank to a near standstill
Florida real estate agent and former newspaper publisher is charged with $10 million mortgage fraud conspiracy
Branch managers and accounting staff’s preference for tool essential in recruitment
Mortgage insurance premiums are coming down… Consumers think mortgage rates will continue rising… Berkshire Hathaway HomeServices now in NYC…
AI and machine learning — once the stuff of science fiction — are now becoming reality. How will this new technology change the mortgage industry — and how important is it for mortgage pros to get on board now?