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The Supreme Court gave borrowers the path to file a rescission notice without going to court, but experts expect more banks to initiate legal proceedings to stop rescissions they see as frivolous.
January 26 -
Over 50% of mortgage lenders said they plan to increase their marketing towards first-time homebuyers in 2015 to take advantage of changes in conforming and government lending programs.
January 26 -
Privlo, a non-qualified mortgage lender, has begun operations in its home state of California.
January 26 -
In less than a decade, Seattle-based Zillow has become the nation's leading brand for homebuyer real estate information. It's become synonymous with looking up your home's value or someone else's.
January 26 -
Recently disclosed emails and documents give the clearest evidence yet that high-level banking officials pushed subprime mortgage loans knowing some Detroiters couldn't pay them helping spark a foreclosure crisis that devastated the city during the Great Recession.
January 26 -
Metro Bancorp in Harrisburg, Pa., which has been under pressure from activist investors to sell itself, reported higher quarterly income largely because of increased real estate lending.
January 26 -
Sun Bancorp in Mount Laurel, N.J., reported a quarterly loss as it continues to shrink its balance sheet.
January 26 -
Consent decrees issued (and not issued) last week demonstrate how having appropriate compliance controls can and will make a major difference in any potential regulatory response.
January 26
Offit | Kurman -
Home prices rose slightly in November, but are still down approximately 10% from their peak seen in June 2006, according to Black Knight Financial Services.
January 26 -
D.R. Horton Inc., the largest U.S. homebuilder by revenue, reported fiscal first-quarter earnings that beat estimates as sales jumped.
January 26



