To kick off Rebuilding Together's new "Serving Those Who Serve" initiative, Countrywide Home Loans is paying the next two years of U.S. Army Sgt. Robert Bonner's mortgage payments.The gift will help Sgt. Bonner and his wife, who recently gave birth to the couple's fourth child, "through a transition most of us can't imagine," said Sandy Samuels, Countrywide's chief legal counsel and a senior managing director at the Calabasas, Calif.-based mortgage company. A medic -- and a Countrywide customer -- Sgt. Bonner lost both legs and suffered partial loss of his sight while serving in Iraq in 2004. Rebuilding Together is a volunteer organization that rehabs the houses of low-income families, and its new initiative will provide modification services to military personnel returning from the Middle East war zone with critical injuries. Countrywide can be found online at http://www.countrywide.com.
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Intermediary automation has increased the immediate availability of product, pricing and eligibility information to both sides of the mortgage business.
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Radian undertook a multiyear process that resulted in the $1.7 billion purchase of Inigo, but it's exiting other businesses outside of mortgage insurance.
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Rate rolled out its Rate App entirely in Spanish Thursday as part of its Language Access Program.
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CrossCountry Capital will partner with an Ares Alternative Credit fund and Hildene Capital Management after receiving $1 billion of equity capital commitments.
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President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to remain in office pending the outcome of her lawsuit challenging Trump's move to fire her late last month.
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The 30-year fixed rate mortgage was down another 9 basis points this week, Freddie Mac said, but much of this pricing was before the Federal Reserve meeting.
September 18