Real Estate News

Consumer Financial Protection Bureau Sues 1st Alliance Lending, LLC and Its Principals for Alleged Unlawful Mortgage Lending Practices

2021-01-18T13:52:56-05:00

Today, the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against 1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu for allegedly engaging in various unlawful mortgage-lending practices. 1st Alliance, based in Hartford, Connecticut,

Consumer Financial Protection Bureau Sues 1st Alliance Lending, LLC and Its Principals for Alleged Unlawful Mortgage Lending Practices2021-01-18T13:52:56-05:00

Rocket Community Fund donates more than $500,000 to Habitat for Humanity to support housing stability during the COVID-19 pandemic

2021-01-15T14:12:16-05:00

The recent donation commemorates Rocket Community Fund’s sixth year supporting Habitat’s neighborhood revitalization efforts

Today the Rocket Community Fund, the philanthropic arm of Rocket Mortgage, the nation’s largest mortgage lender, announced a donation of $545,000 to

Rocket Community Fund donates more than $500,000 to Habitat for Humanity to support housing stability during the COVID-19 pandemic2021-01-15T14:12:16-05:00

Freddie Mac Announces Pricing of $405 Million Multifamily Small Balance Loan Securitization

2021-01-15T14:08:40-05:00

 Freddie Mac (OTCQB: FMCC) announces the pricing of the SB82 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue approximately

Freddie Mac Announces Pricing of $405 Million Multifamily Small Balance Loan Securitization2021-01-15T14:08:40-05:00

December New Home Purchase Mortgage Applications Increased 42.2 Percent

2021-01-15T14:05:00-05:00

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2020 shows mortgage applications for new home purchases increased 42.2 percent compared from a year ago. Compared to November 2020, applications increased by 0.2 percent. This change does

December New Home Purchase Mortgage Applications Increased 42.2 Percent2021-01-15T14:05:00-05:00

Freddie Mac Quarterly Forecast: Housing Market Continues to Perform Strongly Primarily Driven by Historically Low Mortgage Rates

2021-01-14T15:05:36-05:00

According to Freddie Mac’s (OTCQB: FMCC) Quarterly Forecast, the current low mortgage interest rate environment is projected to continue with the 30-year fixed-rate mortgage averaging below three percent through the end of 2021.

“Despite

Freddie Mac Quarterly Forecast: Housing Market Continues to Perform Strongly Primarily Driven by Historically Low Mortgage Rates2021-01-14T15:05:36-05:00
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