Banc of California Inc., a regional bank, is selling about $2 billion of business-purpose mortgage loans in a process led by Morgan Stanley, according to people with knowledge…
Read more Banc of California is selling $2 billion of residential loansA day after targeting the title insurance industry, the Biden Administration has put the rest of the real estate finance process in its crosshairs. On March 8, the…
Read more CFPB’s mortgage ‘junk fee’ blog draws ire and praiseFor the second consecutive week, mortgage rates moved up, this time by 4 basis points, as the awaited consumer price index report found inflation running slightly hotter than…
Read more Mortgage rates up following inflation reportNon-bank originator Change Lending has apparently lost a certification by the U.S. Treasury Department to issue non-qualified mortgages for underserved borrowers. The lender isn’t included on an updated…
Read more Change Lending loses federal certification for non-QM originationsThe Federal Housing Finance Agency has released some future milestone dates for a process that would update consumer credit measures used in mortgage underwriting, make the use of…
Read more FHFA sets timeline for credit score and reporting updatesKeith Bynum, left, and Evan Thomas, co-hosts of HGTV’s “Bargain Block”, are partnering with Community Financial Credit Union. “Anything that can encourage more investment in these communities, I…
Read more A credit union teams with HGTV house flippers to revitalize Detroit
