Journal

Goldman Sachs has reached 62 percent of its $1.8-billion consumer relief obligation, which was enacted under its two April 11, 2016, mortgage-related settlement agreements with the U.S. Department of Justice and three states. Eric D. Green, the independent Monitor of ...

Kevin Stitt, chairman and CEO of Gateway Mortgage Group, LLC, one of the largest privately held mortgage origination and servicing companies in the United States, has announced the appointment of Stephen Curry as the new CEO of Gateway. Curry assumed responsibilities ...

Primary Residential Mortgage, Inc. (PRMI) has announced the promotion of four of its executives: Tom George as EVP and Chief Production Officer, Ruth Green as EVP and COO, A.J. Swope as EVP of Secondary Marketing, and Mathew Whitebrook as SVP ...

In an effort to provide more liquidity and lower costs for borrowers, Freddie Mac has announced that it will begin issuing new 55-day “mirror” mortgage-backed securities. These securities will be available for the current population of exchange-eligible 45-day Freddie Mac ...

A Maryland court has reversed a November decision that changed the licensing requirements for mortgages held by investors and statutory trusts. This week a Court of Appeals has addressed the case.

The vast majority of homeowners affected when Hurricane Harvey made landfall in the Houston area didn’t have flood insurance. A year later, rates of coverage are up in the area … but will they stay that way?

Wells Fargo Bank—a subsidiary of Wells Fargo & Company—has reached a settlement with the United States, as represented by the Department of Justice (DOJ), to the total of $2.09 billion for allegations that the bank originated and sold residential mortgage ...

Home prices continued their steady year-over-year incline in May, reaching a price growth of 6.4 percent since May 2017, according to the most recent Case-Shiller Home Price Index from CoreLogic. Despite this, hopeful homebuyers still felt a modicum of relief, ...

What happens when surging real estate development collides with the realities brought about by climate change? Find out how one community is facing those challenges.

Even in a tough seller's market, there's money to be made in flipping houses. A new report looks at where renovation dollars provide the best ROI.