Mortgage credit availability inched up in September, according to the latest Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.4% to 104.4 in September; the index was benchmarked to 100 in March 2012. The...
Mortgage debt accounted for nearly three-quarters of all US consumer debt during August, according to the latest Consumer Credit Trends Report published by Equifax (NYSE: EFX). In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Mortgage...
Mortgage application activity trended downward during the week ending Oct. 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.7% on a seasonally adjusted...
Another prosecutor in the US Attorney’s Office Eastern District of Virginia may soon face the choice of resigning or being fired for balking at President Trump’s demands to indict New York Attorney General Letitia James on mortgage fraud charges relating to a property...
Mortgage Research Center, LLC, the parent company of Veterans United Home Loans, has launched First Residential Independent Mortgage, a full-service mortgage lender. Headquartered in Springfield, Missouri, First Residential Independent Mortgage will specialize in...
reAlpha Mortgage, a division of Dublin, Ohio-based reAlpha Tech Corp. (NASDAQ: AIRE), has expanded its operations into Nevada. To lead the expansion, reAlpha has appointed Jennifer Buserini as the company’s originating loan officer for Nevada. She was previously a...
