Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $1.4 million Fannie Mae loan facility to enable the acquisition of a multifamily property located in Charlotte, …
NEW YORK ( MainStreet ) — The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons of acronyms and other confusing jargon.
NEW YORK ( MainStreet ) — More than a third of mortgage borrowers aren't entirely sure what interest rate they're paying — bad news given that the window to refinance into a sub-4% loan appears to be closing, a Bankrate.com analysis shows.
NEW YORK — New York Mortgage Trust, Inc. (the “Company”) announced today that its Board of Directors has unanimously elected Steven R. Mumma, the Company's Chief Executive Officer and President, …
NEW YORK (TheStreet) — Shares of Ocwen Financial Corp. are climbing, higher by 3.75% to $9.96 in midday trading Monday, following the company's announcement from earlier today that it signed an agreement in principle to sell its mortgage servicing rights to non-bank residential mortgage servicer Nationstar Mortgage Holdings Inc. . Ocwen Loan Servicing will sell its $9.8 billion portfolio of …
NEW YORK ( MainStreet ) – Think turning a 30-year mortgage into a “30 year” lien you pay off a few years early is as easy as sneaking in some extra payments?
NEW YORK — New York Mortgage Trust, Inc. (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and twelve months ended December …
The Freedom Bank of Virginia continues to expand and grow the bank’s mortgage division. Thomas Patton has joined Freedom Bank as an Assistant Vice President and Senior Underwriter.
By Jonathan Stempel NEW YORK (Reuters) – Citigroup Inc , Goldman Sachs Group Inc and UBS AG agreed to pay $235 million in cash to settle U.S. litigation accusing them of concealing the risks of mortgage securities sold by the former Residential Capital LLC before the global financial crisis. The preliminary settlement with investors who bought the securities was made public on Friday in filings …
NEW YORK — Greystone, a leading national provider of multifamily and healthcare mortgage loans, announced it has closed the first Fannie Mae M-PIRE (Multifamily Property improvements to Reduce Energy) …