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The starter home is becoming a myth for many first-time home buyers in the Sacramento market.
October 31
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The lender earlier this year also filed a poaching suit against CrossCountry Mortgage.
October 31
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Problems with the closing protection letter are the predominant cause of those errors, a FundingShield report determined.
October 31
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Major efforts are underway to eliminate discriminatory practices in property valuations.
October 31
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A former director of digital turned enterprise consultant offers a perspective on how things could have gone differently for the lender that recently exited the forward-mortgage business.
October 31
Mortgage Advisor Tools -
The company said its mortgage subsidiary has pro forma compliance with the pending risk-based capital requirements that other entities claim are difficult to meet.
October 28
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Delinquencies are on the rise for FHA-backed loans, with nearly 10% of low-credit borrowers in early payment default. Economists and policy experts say this could signal trouble ahead for other credit products.
October 28
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The closure of its nationwide retail business — which followed the shuttering of its consumer direct business in Q2 — pushed the Florida bank into a $1.4 million loss for the most recent quarter.
October 28
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Some 2.9% of the pool—comprised of 1,705 loans—was 30 days delinquent, and 68.3% of the loans had experienced one or more delinquencies in the past 24 months.
October 28
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The $93 million deal comes one year after Cavco, a manufactured housing construction company itself, completed the purchase of another builder, The Commodore Corp.
October 28
