"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 reverse space is growing, and a top AMC and title insurer is making it easier for loan officers to originate reverse mortgages
You think the bureaucracy in your company is bad? Get a load of this.
The Justice Department's Operation Choke Point is trying to shut down businesses that -- in many cases -- should be shut down. But using banks to accomplish the task just doesn't seem right
Bank of America's board of directors support a proposed settlement of more than $16 billion, the largest federal settlement with a single corporation in history
Weekly jobless claims, expected to be up, fell 14,000. Meanwhile, the Russia/Ukraine situation continues to worry investors, who are hedging against further developments. All this and more in today's rate snapshot
With an ever-stricter regulatory environment and the economy improving at a sluggish pace, the mortgage business isn’t getting any easier. One kind of product, however, seems to be gaining steam: the home improvement loan