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
A Georgetown University law professor says the settlement, which was agreed upon in 2011, isn't fair to bondholders.
Housing affordability continued to slide in the third quarter, spurred by rising rates and increased prices.
Mortgage applications for new home purchases were up in October.
Customers are more satisfied with the mortgage process than they have been in years.
An increase in judicial foreclosure actions led to an uptick in foreclosure filings last month.
HUD has been selling underperforming mortgages in an effort to keep homeowners in their houses, but the agency decided the bids on the latest batch were too low to accept.