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%
Five-star Lender Impac Mortgage is currently in negotiations to acquire the mortgage origination business of a leading mortgage originator, according to a recent SEC filing.
The House narrowly passed a spending bill that would roll back part of Dodd-Frank, but the bill still faces stiff opposition in the Senate from Elizabeth Warren and her supporters
Nationally, cash sales have declined consistently for the 21 months, but some states are still experiencing of high volume of cash sales.
American families' household debt has hit its lowest level in 10 years
The mortgage delinquency rate is dropping nationally, but some states are predicted to have a significantly higher rate than others.
Housing predictions for the coming year suggest both increased sales and higher prices, but will that be the case? According to RealtyTrac, there's more problems to solve.