Industry groups applauded the passage of the bill, which awaits only the president’s signature to become law
The New Jersey man recruited straw buyers and submitted fraudulent loan applications
The nation’s largest servicer of subprime mortgages may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, according to New York regulators.
Despite recent efforts made by officials to ease uncertainties among lenders, the industry still has a lot to do before credit begins to expand.
Originations will continue to grow in 2015 – but with rates headed toward 5% next year, now is a good time for borrowers to refinance, according to an industry expert
Regulator says the Fed should not let the recent financial market turmoil affect the agency’s pledge to end its bond-buying program.
Yesterday was a big day for the NASDAQ and the stock market; the bond and mortgage markets held quite well given the strong equity market. Also, home sales were up 2.4% to 5.17 million units in September.
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