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%
The organizations say the amendment could harm competition and are urging changes to it.
In an effort to provide more clarity and expand credit, the GSEs have launched new servicing tools to better help mortgage servicers.
One in 25 managers qualify as a psychopath – and the percentages of those who either are in positions of power or own companies are considerably higher than the general population. Why so high? A group of researchers in Texas and British Columbia explain.
A federal judge has tossed out a HUD regulation that was designed at making filing allegations of housing discrimination easier.
Central banks cannot grow decent jobs, improve the housing sector and increase production, but what they can do is drive investors into stocks with the belief that eventually there will be trickle down to the diminishing middle class, says industry expert.
RealtyTrac says past record origination levels won’t be back for years, no matter how much the industry expands credit. Here are five reasons why.