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%
These cities dominate the real estate market, and they all share unexpected commonalities. Did your city make the list?
Things are not always as they appear to be, especially in the world's second largest economy. In the U.S., home sales increased by 2.4% last month.
Borrowers have entrusted their personal information with you; are you doing your part to protect it?
Getting the best out of your staff is much more than setting targets and doing performance reviews. Take a page out of the book of motivational managers and learn how to keep your employees inspired.
The FHFA director and HUD secretary spoke publicly today about clarifying buyback rules in a bid to ease credit.
Could this be the answer to the housing recovery? The FHA is close to reaching an agreement that would expand credit and possibly give lenders more protection.