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The president and founder of a now-defunct Massachusetts-based mortgage company was charged with defrauding Ginnie Mae to the tune of $3 million.
August 19 -
The first commercial mortgage-backed security to comply with "skin in the game" requirements was extremely well received. Market participants credit the way the large banks sponsoring the deal retained the risk a strategy unavailable to nonbank lenders.
August 19 -
It's time to move past the fear that digital mortgages will make loan officers obsolete.
August 19
TD Bank -
Mortgage industry hiring and new job appointments for the week ending Aug. 19.
August 19 -
The share of homeowners who owe more than their house is worth remains above 10% nationwide, according to data from Zillow's second quarter Negative Equity Report.
August 18 -
Mortgage rates edged downward this week as the market anticipated Wednesday's release of the minutes from the Federal Open Market Committee's July meeting, Freddie Mac reported.
August 18 -
A monthly gain in refinance activity coupled with a decrease in rates last month, according to data from Ellie Mae. However, loan turnaround times as a whole remained static.
August 18 -
United Bankshares in Charleston, W.Va., has agreed to buy Cardinal Financial in Tysons Corner, Va.
August 18 -
To money managers at Goldman Sachs Group Inc. and Prudential Financial Inc., the laggards of the debt universe look pretty good right now.
August 18 -
The hole at the corner of 15th and L streets, in downtown Washington, is deep and getting deeper.
August 18




