"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
The lender-placed insurance market has continually been under fire over allegations of conflicts of interest and inappropriate business practices. Lawmakers are urging that this controversial type of homeowner's insurance be put to an end.
As listing videos become more common, real estate professionals continue to look for unique ways to set their own videos apart – and one of those ways is by rapping terribly.
One measure would require servicers to provide certain borrowers with foreclosure protections more than once over the life of the loan.
The FDIC has released a set of instructional videos that aim to help mortgage professionals understand how to comply with these rules.
Homes priced $1 million or higher rose in October, as did the U.S. stock market. Is there a correlation?
“Buyers continue to be encouraged by interest rates at lows not seen since last summer, improving levels of inventory and stabilizing price growth,” said Lawrence Yun, NAR chief economist.