mortgage – Page 178 – Need Benjamins

SEC charges real estate developer with fraud in Ponzi-scheme

By Patrick Kearns | May 23, 2019 - 4:20 pm |May 23, 2019 Uncategorized

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The U.S. Securities and Exchange Commission filed an emergency action Thursday against New York State real estate developer Robert Morgan. Continue reading →

Mortgage rates hit yearly lows

By Patrick Kearns | May 23, 2019 - 3:00 pm |May 23, 2019 Uncategorized

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Mortgage rates continued to slide downward this week, reaching a new yearly low of 4.06 percent on a 30-year fixed-rate mortgage. Continue reading →

HUD Secretary slammed for confusing REO with Oreo cookies

By Jim Dalrymple II | May 22, 2019 - 12:30 am |May 22, 2019 Uncategorized

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Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion. Continue reading →

Opendoor sued for trademark infringement over its mortgage brokerage

By Teke Wiggin | May 15, 2019 - 4:21 pm |May 15, 2019 Uncategorized

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Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in A… Continue reading →

Feds want looser data reporting regulations for smaller lenders

By Jim Dalrymple II | May 2, 2019 - 6:46 pm |May 2, 2019 Uncategorized

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Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Continue reading →

Divvy can now pre-approve rent-to-own customers in 15 minutes

By Jim Dalrymple II | May 2, 2019 - 1:00 pm |May 2, 2019 Uncategorized

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Rent-to-own startup Divvy unveiled a new, streamlined service Thursday that pre-approves would-be home owners in as little as 15 minutes. Continue reading →

Redfin Mortgage hits 3 new states

By Patrick Kearns | April 30, 2019 - 4:56 pm |April 30, 2019 Uncategorized

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With expansion into Florida, Maryland and Tennessee, the rapidly growing home lending arm is now live in 12 states, according to an announcement on Tuesday. Continue reading →

Quicken to allow VRBO short-term rental income for mortgage qualification

By Patrick Kearns | April 17, 2019 - 5:04 pm |April 17, 2019 Uncategorized

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Quicken Loans and vacation rental company Vrbo are partnering to allow prospective buyers to use rental income on primary or secondary homes to qualify for a mortgage. Continue reading →

Flat-fee brokerage Reali acquires mortgage lender

By Jim Dalrymple II | April 17, 2019 - 12:17 pm |April 17, 2019 Uncategorized

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Flat-fee brokerage Reali announced Wednesday that it has acquired a loan company and is launching its own, in-house mortgage service. Continue reading →

General Electric will pay $1.5 billion over subprime lending

By Jim Dalrymple II | April 12, 2019 - 5:45 pm |April 12, 2019 Uncategorized

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General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. Continue reading →

Tag Archives: mortgage

SEC charges real estate developer with fraud in Ponzi-scheme

Mortgage rates hit yearly lows

HUD Secretary slammed for confusing REO with Oreo cookies

Opendoor sued for trademark infringement over its mortgage brokerage

Feds want looser data reporting regulations for smaller lenders

Divvy can now pre-approve rent-to-own customers in 15 minutes

Redfin Mortgage hits 3 new states

Quicken to allow VRBO short-term rental income for mortgage qualification

Flat-fee brokerage Reali acquires mortgage lender

General Electric will pay $1.5 billion over subprime lending

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