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When it comes to purchasing a home vs. renting on the affordability continuum, the reasonably priced properties skew towards less populated areas, according to Attom Data Solutions
January 14 -
The fact that the more operationally skilled nonbanks have come to specialize in government mortgages is hardly surprising if you assess the cost to originate and service these loans.
January 13
Whalen Global Advisors LLC -
Stephen Calk and the bank where he formerly served as CEO are both arguing that his bribery trial should be held in Illinois. Prosecutors oppose the move.
January 13 -
From 2015-18, the time a home spent on the multiple listing service in metro Denver averaged a consistently short 26 days, but last year that average jumped to 31 days.
January 13 -
There was less credit available for the first time in four months in December, when lenders offered fewer conventional and government products, particularly Veterans Affairs-guaranteed loans, the Mortgage Bankers Association said.
January 13 -
Despite changes by the Federal Housing Administration, bankers remain reluctant to join the program for fear of legal liability. But that could change if it revamps servicing processes, experts say.
January 13 -
A recent earthquake is adding to servicing challenges in Puerto Rico caused by multiple natural disasters, power outages and some companies' insufficient use of technology, according to one vendor.
January 13 -
Every month, the Madison County Sheriff's Department conducts a sale of properties where banks and lending institutions have regained possession.
January 13 -
Colorado Springs-area homes sold at a near-record clip last year, but an inventory shortage held the market back from being even better.
January 13 -
Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.
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