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%
An industry association is urging the GSEs to get back into the market
Two of the nation's biggest banks have agreed to pay millions to settle a suit over their role as trustees for shoddy mortgage bonds
You can't contact everyone involved in a loan transaction. So how do you prioritize who to call?
If you think your future self will regret a lost opportunity, do yourself a favor and seize the moment
However strange the facts may sound, Jesinoski v. Countrywide Home Loans case presents a scenario that has come up all too often in the aftermath of the financial crisis. And, the Supreme Court remains conflicted on which process borrowers need to follow if they want to cancel a mortgage under the Truth in Lending Act.
Real estate needs a pick-me-up, something of a surprise considering that home values remain below 2007 prices and mortgage rates continue to hover around 4%.What can we do to perk-up the housing sector? One answer might be help from the Federal Reserve.