Loan applicants and mortgage companies often rely on an Internal Revenue Service that’s dramatically downsizing to help facilitate the lending process, but they may be in luck. That’s because the…
Category:
Mortage
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In the wildfires that devastated Los Angeles earlier this year, most of the buildings destroyed were homes. But many commercial properties were caught in the flames as well, and the…
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Rocket Mortgage is fighting a homeowner’s attempt to latch onto a federal enforcement lawsuit the Trump administration is seemingly intent on continuing. The lender last week filed a motion to…
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In five years, the national median average home price has increased by 20%, even when adjusted for inflation, according to a Bankrate analysis of Redfin data. This means the average…
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Bloomberg News The Trump administration’s appeal of a ruling stopping the efforts to shut down the Consumer Financial Protection Bureau was taken to the wrong court, plaintiffs argue, complicating an…
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An unexpected generational shift occurred in the home purchase market in 2024, as baby boomers had the largest share of buying activity, while millennials pulled back. Furthermore, boomers were more…
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Mortgage companies find themselves in the crosshairs of cyber criminals once again, as evidenced by a recent notice of compromised personal information sent to customers of a West Coast lender. …
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A pool of reperforming mortgage loans will collateralize $440.3 million in mortgage-backed securities (MBS) from the GS Mortgage-Backed Securities Trust, 2025-SL1. Known as GSMBS 2025-SL1, the deal is composed of…
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Two separate Michigan federal judges refused to toss out United Wholesale Mortgage’s All-In litigation filed against two separate brokerages. Atlantic Trust Mortgage and District Lending, sued by UWM for breaking…
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Two separate Michigan federal judges refused to toss out United Wholesale Mortgage’s All-In litigation filed against two separate brokerages. Atlantic Trust Mortgage and District Lending, sued by UWM for breaking…