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More than $200 billion of the most poorly underwritten commercial mortgages originated before the financial crisis come due this year and next, many of them still underwater.
October 4 -
Two decades of experience with offshoring has shown that shifting operations work from knowledgeable, local workers to people in another country with oftentimes limited training comes with risks of errors, of misunderstandings and of security lapses.
October 4 -
There are a lot more apartments available for purchase these days in Manhattan. And fewer people are buying.
October 4 -
United Wholesale Mortgage has rolled out a new tool that allows mortgage brokers to receive automated income verification.
October 4 -
Utah-based lenders Primary Residential Mortgage and SecurityNational have agreed to pay a total of nearly $10 million in separate settlements with the Department of Justice.
October 4 -
U.S. Bancorp has agreed to settle a lawsuit that claimed it neglected to maintain foreclosed properties in Southern California after the 2008 financial crisis.
October 4 -
The Federal Reserve's mishandling of monetary policy in the 1970s opened the door to questionable products for unqualified borrowers, setting the stage for the housing crisis 30 years later.
October 3
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Cash-out refinances rose to the highest level seen since the second quarter of 2009, according to Black Knight Financial Services.
October 3 -
Hillary Clinton and Donald Trump should face more questions about housing policy, especially the lack of affordable housing to own or to rent nationwide, said Fannie Mae Chief Tim Mayopoulos.
September 30 -
Borrowers who go through a sour mortgage experience often leave poor business reviews online and move on with their lives. Houtan Hormozian decided to become a loan officer and give his clients the service and experience that he didn't get to have.
September 30





