Faced with a lawsuit and dozens of state enforcement actions, the embattled mortgage servicer is hitting back
Tightening inventory is causing the market to “miss its moment,” says one expert
Applications for home loans have risen for the third straight week to 0.4%, new data from the Mortgage Bankers Association (MBA) has revealed.
The bank has reached an agreement with HUD to settle claims of mortgage lending violations during the crisis. The settlement marks another major legal resolution for the company as it unwinds from the mortgage business the company sold in 2008.
The $1.2 trillion market is critical to the housing recovery's longevity and offers huge market potential as banks are retreating, according to the CEO of Parkside Lending at an industry conference in Denver Thursday.
Central bank officials are eager to get the rate hike process started, according to recently released minutes from the FOMC meeting. However, is the economy ready?
A recent analysis shows the monthly mortgage on a median-priced home is cheaper than the monthly fair market rent on a three-bedroom property in 76 % of U.S. counties.
Banks expected to increase profits from mortgages… Higher interest rates can be good for the housing market says economist… City planners should consider baby boomers as well as millennials…