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%
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A Japanese investment bank is seeking to show that any losses the GSEs suffered were not caused by false statements from the banks but by the housing market collapse.
"We'll look at every option that brings housing opportunities within reach of more Americans," he said at a symposium earlier this week.
Maverick’s business will serve as Home Point Financial’s initial mortgage banking platform.
Vacation home sales rise, while investment property sales fall...Construction spending lower in February...Home prices increased steadily in January
In an effort to provide borrowers with a better understanding of their obligations under their mortgage application and contract, the lender has launched an online loan review resource.