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  • Biggest Financial Fraud Settlement in History: BOA $16.65 Billion

     Mortgages \  August 29, 2014 10:00 am

    Bank of America has finally reached the end of it's talks and negotiations with the US Justice Department. The agreement has turned out to be a record setting settlement in more than just one way. Bank of America has been fined a record-setting amount...
  • Mortgage rates fall to three-month low

     Mortgages \  February 7, 2014 04:44 pm

    Mortgage rates fall to three-month low

    While some homebuyers may be encouraged by rising interest rates - because they are often a sign of a recovering economy - others are often lured off the sidelines and into the housing market when rates fall....

  • 'Big Four' banks shying away from mortgages

     Mortgages \  February 5, 2014 10:25 am

    The banks that once dominated the mortgage industry and were determined "too big to fail" only accounted for $305 billion in origins in the fourth quarter of 2013 - down from $460 billion in the previous quarter....
  • Delinquent mortgages continue to rebound

     Mortgage rates fall after taper announcementMortgages \  February 3, 2014 03:57 pm

    Mortgage companies in Illinois likely had a successful year, as the number of delinquent U.S. housing mortgages improved in 2013 to pre-recession levels, according to a new report from Black Knight Financial Services....
  • Mortgage rates fall after taper announcement

    Mortgages \  February 1, 2014 08:43 pm

    The Federal Reserve recently announced it would continue reducing stimulus spending by another $10 billion....

 

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