Mortgage & Finance

Tampa Bay Condo Seeks Dissolution of Ponzi Scheme Debt
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Tampa Bay Condo Seeks Dissolution of Ponzi Scheme Debt

Grand Venezia condo owners are still paying off a $5 million debt for the luxury... Read more

Mortgage Applications Drop Almost 10%; Purchase-Only Loans Flat
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Mortgage Applications Drop Almost 10%; Purchase-Only Loans Flat

MBA Weekly Survey records highest average contract interest rates since July 2015. Read more

AEI: First-Time-Buyer Loan Volume Rose 14% YOY
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AEI: First-Time-Buyer Loan Volume Rose 14% YOY

First-Time Mortgage Risk Index stands at 15.6% as of August 2016, 6.4% higher than... Read more

Survey: Underwriting Standards Ease, a Bit
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Survey: Underwriting Standards Ease, a Bit

Still, half of mortgage bankers think mortgage eligibility rules are too restrictive. Read more

Seriously Underwater Home Ownership is Dropping Year Over Year
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Seriously Underwater Home Ownership is Dropping Year Over Year

6.1 million home owners were seriously underwater in Q3 2016, down by 854,000 from... Read more

Justice Department Case Against Bank of America Dies
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Justice Department Case Against Bank of America Dies

The U.S. Justice Department accused the Countrywide Financial Corp. unit of... Read more

How a President Trump May Affect Housing Market
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How a President Trump May Affect Housing Market

Mortgage rates are already up, but signs point to continued growth. Read more

10 Ways to Predict Housing's Future
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10 Ways to Predict Housing's Future

What housing trends you choose to watch may be as critical as what you see in 2017. Read more

FHFA Raises Conforming Loan Limits
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FHFA Raises Conforming Loan Limits

Fan, Fred regulator announces first rise since 2006. Read more

Ally Financial to Pay $52M Toxic Mortgage Bond Settlement
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Ally Financial to Pay $52M Toxic Mortgage Bond Settlement

Residential Capital knowingly marketed mortgage bonds despite the fact that the... Read more

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