The transaction is the second-largest in the company's history
The group says that the CFPB's claim that it lacks authority to ensure MLA compliance is categorically false
Commercial and multifamily mortgage bankers did $358.5 billion in loan volume last year, according to data released by the Mortgage Bankers Association
Six people - including an unlicensed mortgage broker - have pleaded guilty charges stemming from their participation in a $100 million mortgage scam
With average loans at their highest rates in two years, existing home sales spiking upward and massive mortgage layoffs, could housing be heading back into a canyon before it reached the peak of the mountain?
Private money loans, also called hard money loans or bridge loans, are still the top choice for real estate investors in the wake of the bank meltdown of 2008 and 2009. Many real estate investors have marks on their credit after the real estate crisis and can no longer qualify at the bank. Hard money loans have allowed these investors to get back into the real estate game again and start hitting.
A new FHFA plan could make it easier for borrowers to qualify for mortgage relief
The vast majority of renters say they expect to buy in the future, but nearly half don't believe they'll be able to for at least five years