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%
Investors who scooped up foreclosure properties during the last few years are likely to hold on to them for the long-term, according to a real estate agent and a market researcher
They practice education-based marketing. Education-based marketing is a process used to attract and land highly qualified clients by giving them what they want.
Contradictory rules have made mortgage lending a "minefield" for bankers, threatening the housing recovery, it has been claimed.
The housing market is on its way back to normal, but is struggling through its awkward phase, according to a new report
Profits for independent mortgage banks fell in the first quarter as volumes flagged and the cost of origination rose, according to the Mortgage Bankers Association (MBA)
A United States congressman who has led predatory mortgage lending reform following the financial crisis is now going to a financial services law firm to fight issuers of mortgage-backed securities