Michael Strauss faces massive Sprout liabilities as his wife and a former associate launch a new mortgage firm, raising ...
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 ...
The high court, without comment, refused Emigrant Mortgage's appeal of a verdict holding it liable for no income, no asset verification loans to minorities.
INV1, is backed by a pool of 1,153 non-prime investment property mortgages, which have a moderate leverage levels of an ...
The reverse mortgage companies squeezed thousands of dollars out of aging homeowners through various illegal fees, according to a new class action suit.
The judge said Nexa CEO Mike Kortas' testimony lacked credibility, ruling that $350,000 transferred to Platinum One was an investment, not loan.
Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives ...
VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, ...
Stop chasing digital leads and invest in face-to-face partnerships that build trust and referrals sustainable growth, writes ...
Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination ...
Even with the 4 basis point rise in the 30-year fixed over the past two weeks, mortgage rates are still hovering near ...