General Electric will pay $1.5B over subprime lending
Justice Department says a GE subsidiary misrepresented the quality of its loans and fraud controls it had in place
by Jim Dalrymple II Apr 12
Constellation Real Estate Group adds 12th company to portfolio
The software giant acquired Mortgage Builder, a company that allows lenders to originate and service mortgages
by Teke Wiggin Apr 5
Should you be working with this buyer? 3 ways to tell
It's not always just about the loan pre-approval
by Michael Maynard Apr 5
Mark Calabria
The former NAR economist has long been vocal in calling for reform to the government-sponsored entities that drive the country's mortgage market
by Patrick Kearns Apr 4
JPMorgan Chase CEO Jamie Dimon Addresses The Economic Club Of Washington
Jamie Dimon believes that origination and servicing rules are tripping up loans, hurting the economy
by Jim Dalrymple II Apr 4
Why you should never skip pre-qualifying buyers
With a great real estate agent and lender on the team, buyers have the best chance at successfully finding and getting into their dream house — at the best possible price
by Leslie DeLuca Apr 4
Zillow heads
The launch of Zillow Home Loans means people can now search for, sell homes to and finance new-home purchases directly through the Seattle tech giant
by Jim Dalrymple II Apr 2
Fannie Mae appoints Hugh Frater as permanent CEO
Frater served as interim CEO during the agency's 6-month search for a new chief executive
A group of millennials on their phones
Between student loan debt and sky-high home prices, millennials are rethinking homeownership
by Marian McPherson Mar 21
Federal Reserve keeps rates static, predicts no hikes in 2019
Static rates could lead to steady or declining mortgage rates, economists say
by Patrick Kearns Mar 20
Sparkler sparkling sparkles sparks
Motto president Ward Morrison praised the system's flexibility for loan officers
by Patrick Kearns Mar 20
Rapidly-Spreading Wildfire In California's Butte County Prompts Evacuations
Veros' new AVM add-on can show exactly which areas were impacted by wildfires, floods, earthquakes and more, helping lenders determine whether to issue a mortgage
by Jim Dalrymple II Mar 15
Paul Manafort indicted in New York on mortgage fraud charges
New charges come just minutes after former Trump campaign manager was sentenced in federal case
by Jim Dalrymple II Mar 13
A foreclosed property
Only 0.4% of Americans experienced foreclosure in December
Bankrate successor to pay $28M in fines for fraud scheme
Two former executives of the financial services company have been sentenced to jail time for their roles in the scheme
by Patrick Kearns Mar 7
Veterans Affairs loans have spiked since 2007 recession: Study
In 2007, only 30% of first-time service members and veteran buyers used a VA loan. That increased to 78% by 2016
by Patrick Kearns Mar 1