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%
Job creation was a little better than expected in April, but a feeble GDP report quelled market reaction
Stearns Lending, the country’s No. 1 wholesale residential lender by volume, is providing funding to HomeAid America, an organization that builds and renovates housing projects for temporarily homeless families and individuals
Home ownership has fallen to its lowest level in nearly two decades as rising prices and mortgage rates strangle demand
One of the nation's largest lenders is forking out a hefty sum after cutting balances on home loans more than allowed under a recent settlement
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One of the nation's largest lenders has asked a judge to throw out a Justice Department lawsuit accusing it of misleading investors in the sale of $850 million in mortgage-backed securities