A new class-action lawsuit alleges that the Bank of America unit schemed to conduct fraudulent appraisals in order to boost its originations
After the untimely death of a competitor, the founder of St. Louis-based USA Mortgage began pondering a succession plan. His solution – give employees a stake in the company
First-time homebuyers aren’t the only ones struggling to get financing. The small real estate investors with whom they compete for starter homes and distressed sales face limits imposed by lenders and federal regulators that are tougher than what owner-occupants have to deal with.