The Latest

The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.

A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.

Details regarding the settlement between the two parties are thin. In the original complaint, Lower was seeking $75,000 in damages from RWM for causing "irreparable harm."

As part of the acquisition, Hallmark Home Mortgage's CEO Deborah Sturges will join Fairway as the firm's president.

The past two Federal Reserve vice chairs for supervision failed to implement the final installment of the Basel III capital framework. Newly installed Vice Chair for Supervision Michelle Bowman is taking a new approach to the thorny question of bank capital.

Mortgage applications rose 12.5% from last week, breaking a month-long streak of decline and offering a positive note as summer approaches.

Real estate players disclosed losses in 12% of incidents, and the average financial hit was $16,829, according to data from the past decade.

The trade group, whose industry has come under attack by the growth of title insurance alternatives, cited Morton's lobbying expertise for his promotion.

Like the current HUD secretary, Andrew Hughes holds close ties to former department head Ben Carson, actively supporting his past presidential ambitions.

The government measure of inflation for May ticked up modestly, adding to the signals that the Federal Reserve is unlikely to move on interest rates when it meets next month.