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%
Mel Watt said the regulator is considering reducing the balances of some homeowners’ mortgages, but the effort could prove to be challenging.
The share of zombie homes has increased, despite the decline in total foreclosures, according to the latest data from RealtyTrac.
The Utah-based group lured consumers into paying thousands by falsely promising that attorneys would negotiate mortgage modifications that would substantially reduce the consumers’ mortgage payments
Despite the fact that more than 87% of U.S. homes qualify for down payment assistance, many Americans, especially millennials, still aren't buying.
The Urban Institute will investigate the impact of the bank's corporate responsibility initiatives and philanthropic programs.
Approximately one-third of borrowers are not sure of their interest rate and many could still save hundreds a month through refinancing.