Michael Strauss faces massive Sprout liabilities as his wife and a former associate launch a new mortgage firm, raising ...
Preemption would hurt affordability for many, the Conference of State Banking Supervisors and the American Association of ...
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.
Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives ...
VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, ...
Stop chasing digital leads and invest in face-to-face partnerships that build trust and referrals sustainable growth, writes ...
Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination ...