Western Asset Mortgage Capital Corporation is considering dropping out of its merger agreement with real estate investment firm Terra Property Trust. The transaction was set to close during the...
Read MoreThe Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency Friday issued a guidance to banks encouraging them to be familiar with the process...
Read MoreMauricio Umansky‘s residential brokerage The Agency is venturing into core services. Through partnerships with Bubble Insurance Solutions and New American Funding, real estate agents at The Agency will have access...
Read MoreAn Orange County, California, correspondent lender pleaded guilty to fraud this week after bilking an investor of $5.3 million with promises his company was headed for an initial public...
Read MoreJPMorgan Chase will buy nearly $2 billion worth of mortgages to grease Banc of California‘s purchase of PacWest Bancorp, Bloomberg reported. The bank entered into an agreement to buy $1.8...
Read MoreThe proposed bank capital rule changes could create further opportunity for Redwood Trust when it comes to non-agency mortgages, company management said on its second quarter earnings call.The real...
Read MoreFigure's lending business hit a record $900 million in volume during the second quarter and reached $83.5 million in revenue during the first half of the year, according to...
Read MoreThe Consumer Financial Protection Bureau (CFPB) this week released the latest edition of its “Supervisory Highlights” report, in which the Bureau calls out different kinds of loan originator compensation...
Read MoreIn a survey of 1,000 respondents aged 55 or older, 89% of respondents said they wished to age in place in their own homes as opposed to seeking out...
Read More“I don’t do any marketing; it’s all word of mouth,” he asserted, emphasizing the importance of cultivating strong relationships with clients. “I believe in building trust and rapport. When...
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