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%
A unique financing strategy is helping Texas continue its first-time homebuyer strategy
A construction summit will make the case to commercial and residential lenders for development in an oil-rich region
A large non-bank lender has signed a major software developer to manage its rehab loan portfolio
Bridge financing is short-term financing, sometimes referred to as private money or hard money. Bridge loans are typically made by private individuals and not banks, so the interest rates on bridge loans are higher than bank loans.
Both Bank of America and Fannie Mae have had to fork out to meet a conciliation agreement with HUD
It appears as though the US’s largest private mortgage insurer might be on its way to gain more market share