The nation’s largest mortgage lender has announced it will close more than 400 branches in the next two years as its bottom line suffers in the wake of the fake-accounts scandal
Rise in mortgage expectations weakened home purchase sentiment
Delinquencies were down for the fifth straight quarter, reaching their lowest level in nearly seven years
The stock market opened strong this morning, and MBS were up 6 basis points from Friday's close. This and more in today's rate snapshot
The announcement Friday that FICO would revamp the way it calculates credit scores was hailed by industry pros as good news for home ownership. But could the change actually be setting consumers up to fail?
Inaccurate title information has contributed to wrongful foreclosures and caused stumbling blocks in the transition of assets to the secondary market
Want to be a successful loan officer? Make sure you're willing to reach into the spheres of everyone involved in your transactions
We can't give away loans, of course. But we can give away information