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%
Winning in today’s competitive housing market could be more straightforward than you think.
Despite the housing recovery and home sales running 10.3 percent above the level of a year ago, mortgage originations are falling, signaling weakening refinancings.
In the current volatile economic environment, originators need to be adaptable to stay on top of their game. But fall into these traps and your business could be in serious trouble.
The first thing that comes to mind whenever I begin the short sale discussion is why does it take so long? The first thing that comes to mind whenever I begin the short sale discussion is why does it take so long?
President Barack Obama urged lawmakers on Saturday to back his nominee to oversee mortgage financiers Fannie Mae and Freddie Mac, Democratic Representative Mel Watt.
Jamie Dimon said he may consider leaving JPMorgan Chase if shareholders vote to split his duties as chairman and CEO, The Wall Street Journal reported.