Origination

Lennar Corp. and Taylor Morrison Home Corp. are among the firms that have worked on the proposal, which calls for builders to sell entry-level homes into a pathway-to-ownership program funded by private investors, according to people familiar with the plan. 

Jonathan Yasko pleaded guilty to diverting monies in real estate transactions to cover unrelated closings, and to pay for his own cars and personal travel.

The average homebuyer who purchased a home below the asking price last year received a 7.9% discount, the largest since 2012, Redfin found.

The mortgage lender will also conduct its own independent audit to determine if any further instances of unlicensed activity occurred after 2022.

Dan Sogorka is leaving Rocket to be with his family in San Diego, while Austin Niemiec's title is unchanged but he will no longer be responsible for retail.

How the message from Sierra Pacific Mortgage could have been delivered in a better, more empathetic fashion rather than leaving affected workers embittered.

IMBs outperform banks, face outsized scrutiny, and confront rising affordability challenges, according to the President of the Community Home Lenders of America.

Primelending produced a pretax loss of $5.2 million in the fourth quarter, significantly lower than the loss of $15.9 million in the same period a year earlier.

Fourth quarter pretax income of $900,000 and net income of $656,000 for the segment compared with year ago losses of $625,000 and $197,000 respectively.

The reverse mortgage companies squeezed thousands of dollars out of aging homeowners through various illegal fees, according to a new class action suit.