Mortgage rates continued a relentless move higher in the beginning of the week, ahead of the March FOMC meeting. Currently, interest rates are very close to their highest levels in three years. Stocks were mixed, while pricing on treasury bonds and mortgage-backed securities were down during [...]
Mortgage servicing giant Ocwen will pay $225 million in refunds and loan forgiveness to Californians, settling allegations that sloppy practices led to violations of state and federal mortgage rules over the past several years.
The California Department of Business Oversight, which announced [...]
California-based major financial institution, Wells Fargo (NYSE: WFC), updated its mortgage information for March 13, 2017. Take note, that the interest rate quotes are given presuming the borrower has strong credit status and that he is ready to pay 1.00% of the total loan value in origination [...]