American Home Mortgage Holdings Inc., New York, has signed an exclusive agreement with Forbes.com to launch a co-branded online mortgage channel via American Home?s MortgageSelect.com online lending subsidiary.Under the agreement, MortgageSelect.com will be integrated into Forbes.com?s Mortgage Center, on the site?s Personal Finance channel, and provide a full online mortgage lending service, American Home said. MortgageSelect.com will be the exclusive residential mortgage provider on Forbes.com. This is the latest in a series of strategic partnerships formed by MortgageSelect.com. The companies can be found on the Web at http://www.americanhm.com and http://www.forbes.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
April 30 -
Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
April 30 -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
April 30 -
The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
April 30 -
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
April 30 -
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
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