Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
Several of the country’s biggest banks have pigeonholed extra cash to cover potential litigation costs in the wake of JPMorgan’s record $13bn mortgage settlement
Ever since a chance meeting at a basketball game led him to the mortgage business, leukemia survivor Joe Caltabiano has pushed himself to excel. Now one of the country’s top 10 originators, he attributes his success to a love of the work, a network of great contacts, and old-fashioned elbow grease.
A North Carolina man has been sentenced to more than 27 years in prison for running a multi-million dollar mortgage scam
Citigroup will cut nearly a thousand mortgage jobs after a disappointing fourth quarter
The two men allegedly defrauded the elderly and lending institutions between 2008 and 2009.
The CFPB has taken action against a mortgage lender it has accused of an illegal kickback scheme