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%
A new survey shed lights on how mortgage professionals really feel about the government's role in the marketplace. Those in favor of a GSE reform say the government “shouldn’t be guaranteeing more than 90% of the market.”
The unrest in Ferguson, Missouri, has dampened its housing market, but some are trying to turn it into a selling point.
Following their usual holiday tradition, Fannie Mae and Freddie Mac will temporarily halt evictions.
The thing about relaxed standards is that they can just as easily be made rigid again. Those who succeed will be those who are careful enough to not get caught off guard
Will the aging mortgage professional be suited enough to attract the newest consumer power group with the largest buying capacity? Here's how to attract a younger workforce.
The FHA's fees have more than doubled since the bust and now with more relaxed lending standards in effect, homeowners could save up to $12,000 with PMI, according to WalletHub data.