Residential Funding Co., a unit of GMAC’s real estate unit ResCap, is reportedly suing a number of mortgage brokers it worked with who originated so-called… Read More »ResCap Unit Suing Mortgage Brokers for Bad Loans
Homebuilders are to blame for the current housing and mortgage crisis, according to a report released by the Laborers’ International Union of North America (LIUNA).… Read More »LIUNA: Homebuilders at Fault for Crisis
With all this talk about slipping equity and negative equity, Forbes decided to take a closer look at which cities were retaining their home equity… Read More »Texas Cities Lead Nation with Highest Home Equity
The beauty of the mortgage industry is that no matter which way it shifts, there’s always some kind of opportunity. Illustrating this point is the… Read More »New Service Allows Originators to Target Neg Am Borrowers
