A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
The mortgage industry is thriving, but that growth is being stunted by restrictive policies coming from Washington – and could be crushed altogether if more regulation is placed on the process of lending and buying a home
Business consultant Samuel Day on the difference between good leadership and good management
Mortgage applications up 11.3 per cent last week… Chicago homeowners set to face 60 per cent property tax hikes… Griffiths, Banderas opt to rent out hard-to-sell home…
The government is trying to encourage banks to originate riskier loans by proposing new documents that would leave room for minor errors on those files – but the banks aren’t yet sold.
Rebounding mortgage business was a major driver of big bank revenue in Q2 – just another indicator that the mortgage industry is recovering from previous volatility
In its latest economic report, Freddie Mac looks at the factors that will influence the Fed’s rate decision later this month