Credit washing involves future homebuyers unwittingly being tricked into committing fraud
Katie Jensen is a mortgage news reporter at NMP.
Credit washing involves future homebuyers unwittingly being tricked into committing fraud
Brokers, lenders, and investors cashing in on the real estate boom by renting units in America’s prime vacation spots.
Loan officers are starting to loosen their lending standards — albeit a little — to keep their pipelines nice and fat.
For homebuyers who are still actively searching for a home, lower competition and more seller activity will provide some relief.
FDIC economist finds disparities diminish when implementing new data on risk factors, but they still exist.
Declining budgets are a leading indicator that home price growth has passed its peak and will slow in the coming months.
Soaring interest rates, a tepid stock market, rising inflation, and economic uncertainty have put a damper on demand.
This is the second lawsuit between the two lenders after Guild sued CrossCountry last October.
Wells Fargo has been cracking down on loan officers in the past few weeks over allegations of widespread abuse of appraisal waivers in the past two years.
At least a dozen civil lawsuits have been filed against the company, all seeking class-action status.