Lawyers representing the government suggest that TCB is pursuing an ‘exceptionally extensive’ search for information and probably has plans to question top-level housing authorities.
The REIT is developing a proactive approach to maintain its client base in the event of a decline in mortgage rates.
The lender specializing in non-qualifying mortgages is introducing a new bank-statement product. This innovative offering is designed to assist borrowers in tapping into their substantial equity.
The preference for in-home healthcare is gaining popularity amongst America’s senior citizens, where their required care doesn’t pose restrictions.
Scott Mitchelson will be at the helm of the company’s endeavors to expand their brand both domestically and internationally.
The National Community Reinvestment Coalition has struck a deal involving a capital injection worth $2.4 billion.
Around 75% of functioning homeownership schemes were associated with aid for down payments and the overheads of closing deals.
As we welcome 2024, the market for mortgage-servicing rights (MSR) continues to demonstrate strength. While forecasts suggest a modest downturn compared to 2023, the industry is anticipated to maintain solid trading activity throughout the year. Market experts project that, similar to the past three years, 2024’s trading volumes will approach the significant milestone of $1 trillion.
In the latter part of 2023, the value of homes in the U.S. continued to display significant strength. The National Home Price Index, as per S&P CoreLogic Case-Shiller, exhibited an annual surge of 5.1% in November, which is an improvement from the 4.7% uptick seen in October. Concurrently, both the National Index and the 10-City Composite saw a modest increase of 0.2% on a month-over-month basis, whilst the 20-City Composite also reported rises.
Nationstar Mortgage Holdings has announced plans to release senior notes that will mature in 2032 with a yearly interest rate of 7.125%.