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%
As the numbers of applicants for mortgages continues to rise, the need for sharp underwriting has taken on a new importance in the mortgage loan sector – especially with memories of the 2008 market crash still fresh in lenders’ minds.
Home prices in the U.S. saw a 6.5% annual increase in June, marking the 40th consecutive month of year-over-year price growth.
Strong pace for commercial mortgages in second quarter… California office building is most expensive online auction property… Jeopardy star buys NYC townhouse for his son… Insurer plans to build new iconic Boston tower...
A new bill would require the Fed to be more transparent in how it arrives at its decisions on monetary policy
A payment processing company and a mortgage servicer are in hot water for deceptive advertising about a loan repayment program
The serious delinquency rate on mortgages for single-family homes has fallen to its lowest level since 2008