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%
At a hearing Wednesday morning with the U.S. House of Representatives Financial Services Committee, HUD Secretary Julian Castro defended the FHA’s decision to reduce mortgage insurance fees.
In an effort to expand credit, government officials are discussing easing up on the penalties given to lenders that make mistakes on mortgage applications.
According to the regulator, the company deceived consumers about a veterans' organization’s endorsement of its products and participated in a scheme to pay kickbacks for customer referrals.
LendingTree recently ranked each state according to average down payment percentages. How are borrowers adding up in your state?
Steady sales gains reported for Washington, D.C.… Cambridge, Massachusetts house prices up 80% from prerecession peak… Former NBA coach sells home after two years, at half price… Boomerang buyers expected in Phoenix…
Arvest Mortgage Co. names new CEO…StoneHill Group hires Northeast business development manager… NAHREP taps Hollywood’s Rick Najera