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%
Pending home sales stalled in December, but still saw the highest year-over-year gain since 2013
The Mortgage Bankers Association has named industry veteran Fowler Williams to chair the Mortgage Action Alliance
Standard & Poor's may complete a huge settlement with regulators over accusations it knowingly inflated its ratings of risky mortgage investments during the run up to financial crisis as early as Monday.
Wells Fargo Bank officials have vowed to reopen its popular corporate museum in downtown San Francisco after three robbers smashed a stolen SUV through its front door and made off with historic gold rush nuggets.
Nearly half of all American households plan to move at some point in the future and three out of every four movers report that a location consideration is the reason.
The acquisition is the first in GenEquity's history, which is licensed in 19 states.