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%
Billionaire John Grayken’s company is raising money to buy bonds mostly backed by borrowers with troubled credit histories
Our Lenders Wanted section connects originators with lenders who can fund tough-to-finance loans
The trade deficit hit a seven-month low, and September unemployment dropped below 6%. This and more in today's rate snapshot
Couple gets prison for hiding income and lying to obtain loans.
Two of the country's largest lenders are facing allegations that they falsely notified credit reporting agencies that thousands of homeowners were bankrupt or in foreclosure
Today’s borrowers have a much clearer understanding of mortgage origination and easier access to fraudulent tools