After agreeing to pay $110 million just last month to settle claims over its fake-account scandal, the banking giant has just tacked millions more onto the payout
The plan would, among other changes, create a federal insurance fund that would insure mortgage-backed securities
New home sales data disappoints… Illinois reports strong sales in June… Rising confidence will drive home sales says Pimco CIO… Singer Sia buys LA mansion…
The housing market recovery has shifted into a “higher gear,” according to one industry association that has ramped up its forecast for originations this year and next.
A great number of originators aren’t prepared for the upcoming TRID deadline, according to the results of a recent compliance training exercise.
The eClosing pilot program, designed to test the effectiveness of providing homeowners with electronic files to better understand their closing documents, and streamline the closing process, has found another mortgage partner.
Sales of single-family homes and condos have hit their highest level in nearly a decade, while distressed sales and sales to institutional investors have reached multi-year lows.
Summer buying season will be short says Redfin CEO… Cloud-based realtor moves into mortgages… Mortgage rates down says Freddie… Mortgage firm appoints new CFO…