Tag Archives: Banking & Lending

$10M Houston mansion most expensive foreclosed home in US

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A Houston mansion with nine bathrooms and 15,000 square feet of space is now the country’s most expensive foreclosed property, clocking in at $9.75 million. Continue reading →

Total Expert raises $20M, plans expansion into insurance, wealth management

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Total Expert provides marketing software for banks, enabling them to monitor and react to consumer behavior online, find and engage new leads around mortgages and other types of loans, and automate communication exchanges while meeting compliance. Continue reading →

SoFi founder’s new startup launches 5-minute approvals for home equity loans

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Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations. Continue reading →

Can this app reduce escrow to 10 days for homebuyers?

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LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals. Continue reading →

Pending home sales decrease in August, marking 8-month decline

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Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading →

Real estate guru who defrauded investors to bankroll slasher flick and fleet of Ferraris found guilty

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Following three days of deliberation, Koerber, who at one time held $7,000 real estate seminars, was found guilty on 15 counts of fraud. Continue reading →

Anxiety still lingers 10 years after historic financial crisis

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A decade ago, the housing market collapsed and Wall Street sputtered. It was the beginning of a decade of deep anxiety that still lingers today. Continue reading →

4 alternative housing finance structures that could work

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A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading →

Lessons from the epic economic meltdown, 10 years later

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This month is the 10-year anniversary of the global economic collapse. Lehman Brothers filed for bankruptcy on Sept. 15, 2008 and the world changed forever. Continue reading →