The fallout from the megabank's fake-accounts scandal continues
Shareholders allege the company failed to disclose conflicts of interest in pre-crisis mortgage transactions
The most recent edition of the benchmark S&P/Case-Shiller Home Price Index for the top 20 metropolitan housing markets in the United States shows the greatest annual price increase since 2006.
he next head of the Federal Housing Finance Agency will have quite the task waiting.
The Senate Banking Committee held a hearing recently to discuss the Independent Foreclosure Review, the goal of which is to identify borrowers who suffered financial harm because of errors in their foreclosure processing.
When David Zugheri launched Envoy Mortgage 16 years ago, it was only him, his partner, and $8,000. Today the company sells loans in 48 states, employs 1,000 people and stands as a mortgage industry success story.
After the devastating effects of the American housing bubble of the early 21st century, real estate professionals and investors have become very vigilant about a resurgence of greed, graft and unchecked speculation in the housing markets.
Americans have been nervous to get back into commercial investments, and for good reason. The crash hurt more than a few wallets and investors are afraid the growth we’re seeing now is doomed to fail yet again.