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
Eager to close sales on time, agents often help with home improvement projects, which may have unforeseen repercussions in California.
Financial markets have stopped their hysterics for now, so let’s get some other things straight, like mortgage and credit.
While other home builders praise the new standards, the founder of Toll Brothers says it’s “a really dumb ass idea.”
Three million dollars will barely buy you a place in Manhattan, but in Detroit it will get you thousands of homes.
The accusations against the largest U.S. nonbank servicer may put it in jeopardy with other regulators and threaten a pending multi-billion dollar deal.
It may have been a while coming, but the regulator has finally spelled out a number of changes to its rules, including QM loan requirements.