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Revel AC Inc. is in negotiations with a majority of its lenders in order to obtain additional capital for liquidity and to fund certain projects at the property.
November 26 -
Home equity lines of credit that fueled a spending spree during the U.S. property boom are back.
November 26 -
In July of last year BB&T expanded its reach into warehouse lending when it bought certain assets from the failed Colonial Bank.
November 26 -
Keeping up with the growth in North Dakota means adding employees—and creates the surprising headache of having to buy them housing so they can afford to move there.
November 26 -
The committee has yet to issue a formal agenda for the next Congress, but a spokesman said that oversight of the Dodd-Frank law and other issues like mortgage finance reform will probably top the agenda, much like last year.
November 26 -
A group of community activists called on the Office of the Comptroller of the Currency Tuesday to give Wells Fargo a failing grade on its upcoming Community Reinvestment Act examination, citing its lending practices in minority communities and a "usurious" payday-like loan product.
November 23 -
If you don't give a refinance applicant this notice, you could be sued.
November 21
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The fiscal year 2012 actuarial report shows that Federal Housing Administration loans originated in FY 2003 through FY 2009 continued to deteriorate in terms of their cumulative claim rates.
November 21 -
The average 30-year mortgage rate set another record as it slid three basis points to 3.31% in Freddie Mac’s latest weekly survey.
November 21 -
Wells Fargo & Co., the biggest U.S. home lender, must face a lawsuit that accuses the bank of overcharging veterans under a federal loan-refinancing program.
November 21 -
U.S. banks that have been earning record profits from home loans are adding or transferring thousands of staff to catch up with demand for refinancing after shortages blocked homeowners from getting lower rates.
November 21 -
Mortgage application volume decreased by 2.2% on a seasonally adjusted basis for the week ended Nov. 16, according to the Mortgage Bankers Association, as rates ticked upwards for the period.
November 21 -
I have created a contract which spells out the duties and responsibilities of my new assistant.
November 21
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Mark Maiocca looks to give borrowers the opportunity for financial growth whichhis family didn’t have when he was growing up.
November 21 -
The residential finance division of JPMorgan Chase plans to roll out a new mortgage origination technology platform next year.
November 20 -
The decision means the company must prepare to defend itself against allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.
November 20 -
Want to see a CFPB audit exam of a mortgage banking firm? As they say in Brooklyn, forgetaboutit.
November 20
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Stonegate Mortgage Corp., Indianapolis, this week hired Rob Wilson as senior vice president of loan acquisitions.
November 20 -
Signs are evident that health is returning to the housing and mortgage markets as the days of no downpayment, speculators and strategic defaults are fading.
November 20 -
Residential Capital LLC won court approval to sell its mortgage-servicing unit to Ocwen Financial for $3 billion after putting off a fight with loan investors and resolving other objections.
November 20









