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 rash of suicides earlier this year sent a shudder through Wall Street, and now, after a calm summer, two prominent bankers have taken their lives.
On Tuesday, MPA ran a story headlined, "VA housing boom: Are you in?" This story was inadvertently credited to Rachel Norvell. The actual author of the story was Kenneth Harney of the Washington Post Writers Group. We regret the error.
The lender, which is being accused of backdating thousands of letters to struggling borrowers, said it was hiring an independent firm to investigate the delay of notices.
Without strong leadership, your business will continue to sit on top of a wealth of untapped potential. Karen Gately reveals how to inspire the best in your staff – not just aim for ‘ordinary’
Tomorrow the Fed will begin its two-day FOMC meeting that is expected to put an end to its bond-buying program, but America’s weak economy may give officials pause.
NAR reported year-over-year pending home sales were up 1%, the first year-over-year increase in 11 months. Meanwhile, markets are unsure what the Fed will do about ending QE.