Justice Department officials say that the banking giant routinely misled investors about the risky loans underlying the securities
The ad mentioned the company's default rate and regulatory actions in 2009
The lender, which is already in trouble with the CFPB over its business practices, has agreed to pay nearly $5.3 million over allegations it let employees cheat on mortgage originator license testing.
What's its secret sauce? Since it launched last year, the startup has originated over $100 million in loans and raised about $109.3 million across three rounds of financing.
With only a few months left until implementation, a recent survey of mortgage executives shows very few are fully prepared for the regulation’s changes.
The cooperative lets fix-and-flip investors to institutional investors access discounts on products and services needed to purchase, renovate, manage and sell residential investment properties.
Property taxes in New York, New Jersey top the league… New Girl’s new home: Zooey Deschanel buys at Manhattan Beach … Some states holding back on probate-avoiding deeds…
Sometimes mortgage companies are too quick to alter their long term business strategies in light of short term market signals. Leaders in the mortgage industry should be more cautious about jumping on every little fluctuation in the market