"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 two commissioners who voted against the long-delayed mortgage rule offered some colorful criticism to their colleagues.
For real estate agents, appearance is key and one aspect of that they take very seriously – their cars. But, how important is image in the mortgage professional world?
Overall distressed home sales have fallen to pre-bubble levels; but for some states, REO and short sales still make up more than 20% of their total sales.
Executives can be divided into five categories, requiring different methods of persuasion.
Our "Lenders Wanted” section connects originators with lenders who can fund tough-to-finance loans
Two U.S. Congress members have requested the GAO look into the risks posed by nonbank mortgage companies, noting the firms are not regulated as strictly as banks.