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Parkside Lending has introduced jumbo mortgages for properties with loan-to-value ratios as high as 95% and without mortgage insurance.
August 24 -
Home prices rose 0.9% from May to June, according to Black Knight Financial Services' Home Price Index. Prices rose 5.1% compared to a year ago.
August 24 -
Blackstone Group has acquired a majority stake in the parent company of nonbank mortgage lender Stearns Lending.
August 24 -
Treasuries are proving to be investors' main destination in a global scramble for safety, pushing 10-year yields below 2% for the first time in four months.
August 24 -
Heightened compliance concerns are forcing some lenders to consider offering themselves for acquisition, but this strategy can only be successful with a highly calculated and deliberate approach.
August 24
LRES -
Mortgage Master's Stephen Campbell and his assistant have complementary styles and that enables them to develop unique solutions to meet client needs.
August 24 -
A Virginia woman has pleaded guilty to leading a mortgage-fraud ring that victimized hundreds of Hispanic residents in the northern part of the state and caused millions of dollars in losses for lenders.
August 21 -
Nothing touches off an argument more than questions about whether the CFPB will allow any marketing services agreements to continue. Some mortgage lenders say no and are winding down their agreements, others insist regulators can be satisfied, and still others are just plain confused.
August 21 -
The inventory of loans in foreclosure fell 24% in July to a rate of 1.4%, compared to a year earlier, Black Knight reported.
August 21 -
Many Californians who earn the median household income for their area cannot afford to buy a house where they work, the California Association of Realtors said.
August 21



