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%
After weeks of often tense negotiations, the nation's biggest bank appears ready to sign an agreement to settle claims it sold shoddy mortgages to investors.
A federal jury convicted a Virginia woman Friday for her role in a multimillion-dollar mortgage fraud scheme.
A couple wrongly threatened with foreclosure has won something very rare – an apology from the mortgage company that almost took their house.
A Colorado grand jury has indicted nine people in connection with an alleged short-sale fraud scheme that targeted distressed homeowners.
The Consumer Financial Protection Bureau took action today against a mortgage insurer for allegedly paying kickbacks to lenders in exchange for business.
An industry group blames lackluster builder confidence largely on budget uncertainty in Washington.