Michael Strauss faces massive Sprout liabilities as his wife and a former associate launch a new mortgage firm, raising ...

Primelending produced a pretax loss of $5.2 million in the fourth quarter, significantly lower than the loss of $15.9 million in the same period a year earlier.

Fourth quarter pretax income of $900,000 and net income of $656,000 for the segment compared with year ago losses of $625,000 ...

The high court, without comment, refused Emigrant Mortgage's appeal of a verdict holding it liable for no income, no asset verification loans to minorities.

INV1, is backed by a pool of 1,153 non-prime investment property mortgages, which have a moderate leverage levels of an ...

The reverse mortgage companies squeezed thousands of dollars out of aging homeowners through various illegal fees, according to a new class action suit.

The judge said Nexa CEO Mike Kortas' testimony lacked credibility, ruling that $350,000 transferred to Platinum One was an investment, not loan.

Real estate tax and flood services provider Lereta announced the addition of former Rocket Mortgage CEO Robert Walters to its board of directors. Walters served as CEO from 2022 to 2023, and also held ...

Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives ...