After years of laser focus on underserved borrowers, the top lender is taking the next step in the journey
The firm expects to emerge from Chapter 11 by the end of January
A large non-bank lender has signed a major software developer to manage its rehab loan portfolio
Bridge financing is short-term financing, sometimes referred to as private money or hard money. Bridge loans are typically made by private individuals and not banks, so the interest rates on bridge loans are higher than bank loans.
Both Bank of America and Fannie Mae have had to fork out to meet a conciliation agreement with HUD
It appears as though the US’s largest private mortgage insurer might be on its way to gain more market share
Despite several industry leaders claiming that poor servicing still abounds, a new report has claimed servicers are lifting their game
Brokers’ share of originations is likely to grow as much as 5% in the next three years, an industry executive has said