BCB Bancorp is selling approximately $205.3 million in problem loans to six buyers and expects to take a $43.3 million pre-tax loss in the third quarter, a balance-sheet cleanup concentrated heavily in commercial and multifamily real estate. The Bayonne, New...
The Illinois Supreme Court has ruled that a mortgage lien can remain attached to property even after the deadline for filing a foreclosure action has expired, resolving a dispute over two separate time limits in state law that carry different consequences for lenders...
Investor Howard Amster has disclosed beneficial ownership of 9% of Redwood Trust, adding a large new shareholder position to a mortgage-finance company already facing a separate investor’s demand that its board explore a sale. Amster reported beneficial...
Title insurance premium volume climbed sharply in the second quarter as commercial real estate transactions helped lift an industry that also continues to benefit from higher transaction activity than a year ago.The American Land Title Association reported that U.S....
Redfin Corporation has reported a data breach affecting Massachusetts residents, according to a state breach-notification record and a report based on the filing. The incident was reported to the Massachusetts Office of Consumer Affairs and Business Regulation on...
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
