The organization seeks to protect consumers against the resale of their personal information
A new class-action lawsuit alleges that the Bank of America unit schemed to conduct fraudulent appraisals in order to boost its originations
Mat Ishbia has been named president of United Shore Financial Services, LLC (USFS), one of the nation’s leading independent mortgage lenders. Ishbia, 32, had previously served as president of United Wholesale Mortgage (UWM), USFS’s largest division and the fastest-growing wholesale mortgage lender in America.
For real estate investors doing home flips, having a dependable contractor is key to success. Because making money depends on the speed of turnover of the property, any delays can really cut into the project profit.
In reviewing the latter half of FY2012, it’s clear that the housing market made a turnaround on numerous fronts. Third quarter disclosures showed both a drop in home defaults and a rise in overall mortgage reliability, with major lenders’ loan operations increasingly stable and profitable.
hey are known as the major culprits behind the precipitous collapse of investment banking firms Bear Stearns and Lehman Brothers in 2008.
Most industry watchers believe that the housing market finally turned the corner in 2012, stabilizing and beginning a sustainable recovery after a protracted, seemingly endless down cycle.