A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
The complaint says the lender has discriminated against minority and female borrowers for more than a decade with the aim of recording higher earnings. The lawsuit is the latest in accusing a big bank of discriminatory lending that harmed a major city.
The bond and MBS markets are in good technical shape now, but rates are expected to decline more as long as the economic news here and globally continue to slow.
The housing crisis made many skeptical of lenders as well as of financial service providers. So, how do rebuild the public's trust and restore its confidence in the industry?
Mortgage applications decreased across the board as the nation begins to prep for the holidays.
Ever wonder where turkeys lucky enough to survive Thanksgiving can be found?
An estimated $190 billion in HELOC loans will reset between the fourth quarter and 2017. Will the payment shock cause a wave of defaults and negatively impact bank balance sheets and the mortgage market?