The lawsuit accuses the bank of intentionally steering minority borrowers into high-cost loans
An investigation found that more than 500 homeowners were victimized under the scheme
Financial markets have stopped their hysterics for now, so let’s get some other things straight, like mortgage and credit.
While other home builders praise the new standards, the founder of Toll Brothers says it’s “a really dumb ass idea.”
Three million dollars will barely buy you a place in Manhattan, but in Detroit it will get you thousands of homes.
The accusations against the largest U.S. nonbank servicer may put it in jeopardy with other regulators and threaten a pending multi-billion dollar deal.
It may have been a while coming, but the regulator has finally spelled out a number of changes to its rules, including QM loan requirements.
New home applications are down, and one of the causes may be surprising – America’s oil boom