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Vision Property Management has settled accusations made by New York regulators of predatory lending practices for a total of $3.75 million in cash and forgiven mortgage loan balances.
January 10
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Wells Fargo, which contested the prior sale of a Manhattan, Kan., home for only $1 in a foreclosure auction, was the winning bidder at a new sheriff sale for the property.
January 10
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The delinquency rate for commercial mortgage-backed securities ended 2019 at its lowest point in nearly 11 years, aided by increased issuance and the resolution of legacy transactions, Fitch Ratings said.
January 10
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Bolstered by a high demand by both lenders and borrowers, 2020's commercial and multifamily loan volume is anticipated to shoot well past last year's record total but adapting to the LIBOR and CECL shifts will provide challenges, according to the Mortgage Bankers Association.
January 10
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The estimated number of mortgage professionals employed by nondepository institutions inched down in November 2019 following a surge in the previous month.
January 10
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If Amazon.com's botched expansion in New York City offers a cautionary tale, Google is showing there's another way.
January 10
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The U.S. Supreme Court may soon decide if it will intervene in a high-stakes fight over the government-sponsored enterprise net worth sweep.
January 10
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While buying a home in most markets results in lower monthly housing payments, in the nation's most populated counties renting is the more affordable option, Attom Data Solutions said.
January 10
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The developer of three adjacent lots said one of the reasons for the sale was her time was up with her mortgage holders.
January 10
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Mortgage industry hiring and new job appointments for the week ending Jan. 10
January 10
