The Consumer Financial Protection Bureau (CFPB) has proposed a rule to implement a Congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans. According to the CFPB, the proposed rule would require lenders to...
Inland, South Carolina-based Movement Mortgage has recruited Brady as national sales director. According to a statement from the company, Yeager “will lead the expansion for Movement across the country” by growing the company’s sales team. Yeager was previously...
Berkshire Hathaway Vice Chairman Charlie Munger is raising multiple red flags over the state of U.S. banking, warning that financial institutions are “full of” what he said claimed are “bad loans” from the commercial real estate sector. In an interview this weekend...
Go Mortgage, a Columbus, Ohio-based mortgage lending company, has hired Jessica Manna as its chief marketing officer. Manna has more thn 20 years of experience in mortgage marketing and branding. She most recently served as president of digital strategy and innovation...
The ailing First Republic Bank (NYSE:FRC) of San Francisco was seized in the early hours of this morning by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This is the...
The 30-year fixed-rate mortgage averaged 6.43% as of April 27, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. This is a rise from last week when it averaged 6.39%. A year ago at this time, it averaged 5.10%. The 15-year fixed-rate...
Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Met…
