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%
If you’re splashing out thousands on a new car to impress your clients, the advice is choose your color carefully.
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As part of a regulator agreement, Ocwen will acknowledge misconduct and pay hundreds of millions toward homeowner aid.
U.S. homeowners suing mortgage companies once owned by a major bank won a $54.8 million class action lawsuit over excessive late fees.
The nation lost $6.3 trillion between 2007 and 2011, but total home values have increased for the past three years in almost every major metro area in the country. However, the average value of homes is still below its 2006 peak.
U.S. equities jumped 5% in the past three sessions as Fed Chair Janet Yellen said the central bank will likely hold key rates near zero at least through the first quarter, even as the U.S. economy strengthens.