Mortgages

SAC FCU is offering a new mortgage that charges a 3% downpayment, no prepayment penalty, terms up to 30 years and in-house servicing.

Manhattan U.S. Attorney Preet Bharara today announced the unsealing of a felony complaint against Seth Beoku-Betts, founder of Betts & Gambles LLC, for defrauding a Midwestern state university in 2008.

The rebranding reflects Archetype's former parent LNR's acquisition.

Report issued in reaction to Ben Bernanke's comments on Wednesday about ending easing.

Borrower told at a seminar there are non-government low downpayment loans available.

Sales of previously owned homes rose 4.2% in May from the prior month to the highest level in three-and-a-half years.

U.S. commercial real estate remains very attractive to both domestic and international investors despite a drawn-out recovery.

Fidelity National Financial has increased the cash component of its offer for Lender Processing Services by $500 million.

For the first time since the collapse of the real estate market eight years ago, Massachusetts foreclosure starts fell below 250.

The average interest rate on the 30-year fixed-rate mortgage declined five basis points to 3.93% for the week ended June 20.

The Department of Housing and Urban Development and The Rockefeller Foundation have launched a multistage regional design competition that aims to promote housing construction innovation in Hurricane Sandy-affected areas.

Interactive Mortgage Advisors as exclusive broker for an unnamed seller is offering $2.1 billion in Freddie Mac/Fannie Mae bulk residential mortgage servicing rights.

Consumer Financial Protection Bureau director Richard Cordray defended the agency's new mortgage rules, data-gathering activities and single-director leadership structure.

The GSE regulator should direct Fannie Mae and Freddie Mac to use the same credit underwriting standards in their automated underwriting systems, according to the Mortgage Bankers Association.

As of June, 167,680 homeowners decided to leave their home that lenders have foreclosed upon.

Home Loan Servicing Solutions Ltd. is commencing an underwritten public offering of 12.5 million of its ordinary shares.

Shellpoint’s long-awaited first jumbo residential mortgage-backed securities deal is in the pipeline, and it is backed by a $261.58 million loan pool with slightly broader group of borrowers than other deals.

Only portfolio lender Astoria Financial, a company which would benefit from higher interest rates, closed higher on Wednesday.

A laundry list of 33 items for managers to find answers for during the interview process.

Lead management technology provider Leads360 has changed its name to Velocify, which it said more accurately reflects its mission to enable sales professionals to sell at the “speed of opportunity.”