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%
Regulator says the Fed should not let the recent financial market turmoil affect the agency’s pledge to end its bond-buying program.
Yesterday was a big day for the NASDAQ and the stock market; the bond and mortgage markets held quite well given the strong equity market. Also, home sales were up 2.4% to 5.17 million units in September.
Our Lenders Wanted section connects originators with lenders who can fund tough-to-finance loans
The long-awaited finalization of the rule draws closer as half of the regulators in charge of writing it agreed on more relaxed mortgage lending standards today.
MBA officials challenge regulators to put an end to the “relentless cycle of penalties.”
A political scandal is brewing over $1 million in government funds paid to the former chief's real estate company.