A federal court has given preliminary approval to the settlement – only the latest in a number of recent cases over mortgage insurance kickbacks
Guaranteed Rate’s Shant Banosian – one of the top originators in the nation – talks about keeping business booming when rates are rising
Concerns over the GSEs weak earnings “should serve as a wake-up call to Congress to move quickly to advance housing finance reform,” according to NAHB chairman.
The two banks are inching closer to a settlement with federal litigators regarding allegations the two Wall Street companies mislead investors in mortgage bonds that decreased in value during the economic downturn.
Are builders only interested in the needs of the affluent?... Reuters poll: U.S. housing market to gain steam… Prices set to rise says Kroll Ratings…
The share of distressed sales in December reached a seven-year low and is inching closer to the pre-financial crisis share of 2%.
The former Senate Banking Committee chairman's letter asks for changes to the QM rule. There's only one problem: it seems to be a fake.
The deal comes weeks after the servicer was urged to cut ties with Ocwen, and the acquisition could weaken hedge fund BlueMountain Capital, which recently took a major bet against the company.