The bank's mortgage operations will move entirely online
The lender says its digital product can save up to 80% of the time and work required
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The mortgages are specifically designed and offered to teachers and public employees and feature 20- and 25-year terms.
New home sales hold steady… European investors flock to Manhattan’s real estate… Seattle sees surge in residential towers as more people move downtown…
The new integrated disclosure rule set to take effect in August will combine some disclosures consumers receive when applying for a mortgage. We asked mortgage pros how they think the new rules will affect business.
Concerns over the GSEs weak earnings “should serve as a wake-up call to Congress to move quickly to advance housing finance reform,” according to NAHB chairman.
The two banks are inching closer to a settlement with federal litigators regarding allegations the two Wall Street companies mislead investors in mortgage bonds that decreased in value during the economic downturn.