Lawsuit over alleged "stolen" client information gets dismissed due to a lack of evidence
NEXA Mortgage LLC and Secured Mortgage Processing (SMP), scored a major victory yesterday, Sept. 19, in the companies' drawn-out legal battle with Smart Mortgage Centers Inc. when the Twelfth Circuit Court of Illinois dismissed the case for a lack of evidence.
In the ini...
Impact of Fed rate cut on mortgage rates not yet tangible
Housing payments made their sharpest drop in more than four years during the week leading up to the Federal Reserve’s highly anticipated rate cut. While affordability is rising, the impact of the Fed's decision on mortgage rates and the housing market has yet to pan out.
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