Fed Chair Jerome Powell says that the economy justifies further rate increases this year
The bank is setting aside $285 million to reimburse overcharged clients
It seems many Americans are falling in love with the state’s lush scenery, creative culture and growing industries. Find out the other top states where people are moving to.
A Hong Kong-based millionaire was absolutely horrified a few years ago, when he learned that his Malibu mansion was not 15,000 square feet like he thought when he paid $12.25 million in cash for it – so horrified, in fact, that he’s taking his agent and the brokerage to court. Again.
Stearns Lending and a West Coast-based homebuilder have entered into an agreement to form a mortgage company set to be fully deployed by mid-2015.
The qualifying age to receive a reverse mortgage is growing by the thousands daily, but the industry is still battling misconceptions and only penetrating 2% of the current market. That’s where you can help. Take our short survey to tell us why you do or do not offer reverse products.
Are banks overly regulated? Jamie Dimon, CEO of the largest bank by assets, said the overlapping efforts by U.S. regulators have placed banks “under assault.”
An upcoming competitor for non-bank mortgage companies could be credit unions, as the group has quadrupled their market share since 2006.