The bank's profits, loans and deposits all shrank last quarter – while operating expenses skyrocketed
Foreclosure starts increased in 40% of metro areas analyzed by ATTOM
The FTC has ordered Los Angeles-based Wealth Educators to halt mortgage relief services after it charged the company with failing to provide the help they promised homeowners, while charging hefty up-front fees.
For most millennials, first comes love then comes a mortgage, according to a recent survey by Redfin. The generation reported that they would, or have, put off a wedding or honeymoon in order to afford to buy a home
Robyn from Oklahoma asks, "Rates are down and I am getting a lot of calls from previous clients that want to refinance. Unfortunately, the market seems to be very competitive and I am losing deals to other loan officers. Should I move to a company that is more competitive?"
Harry Potter helps Florida’s ‘Crime Hills’ recover from housing slump...Apartment demand stays strong in this southern city...Lauren Bacall’s former Manhattan home reduced by $2.5M
Applications for home loans have risen for the third straight week to 0.4%, new data from the Mortgage Bankers Association (MBA) has revealed.
The bank has reached an agreement with HUD to settle claims of mortgage lending violations during the crisis. The settlement marks another major legal resolution for the company as it unwinds from the mortgage business the company sold in 2008.