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Government, Agencies Reach $968 Million Settlement With SunTrust Mortgage

June 17 - The Justice Department, Department of Housing and Urban Development, and the Consumer Financial Protection Bureau, along with 49 state attorneys general and the District of Columbia’s...


Mortgage Banking Made Easier

On any given day, several economists will offer different opinions on the current state of the housing market and real estate lending environment. While their forecasts and state-of-the-market...


Cornering the Mortgage Market

Financially speaking, the expression to “corner the market” is to get sufficient control of a particular stock, commodity or other asset to allow the price to be manipulated. Another definition is...


Housing Market Stalling, Says Freddie Mac Index

May 28 - Freddie Mac released its Multi-Indicator Market Index -- MiMi -- showing the U.S. housing market overall largely flat compared to the prior month and especially since last year at this time....


Home Prices Edged Up 1.3 Percent in First Quarter

May 27 - U.S. house prices rose 1.3 percent in the first quarter of 2014 according to the Federal Housing Finance Agency House Price Index.  This is the 11th consecutive quarterly price...


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