Non-QM lender Acra Lending has been profitable in the last three years.

The Appraisal Foundation’s Appraiser Qualification Board sets appraiser qualification criteria and there were concerns that the criteria prompted a disparate racial impact on entry into the appraiser profession.

Applications for refinances declined for the fourth consecutive week.

The move would mean breaking from the external management by Cherry Hill Mortgage Management, which is owned by Stanley Middleman, CEO of Freedom Mortgage.

The BLS reading on mortgage employment trails the national numbers by a month.

As one consultant put it, “We hope they all survive. They’ve been a great team.”

New-home sales declined by 11.3% in May.

The AI chatbot tool is available now in various languages…

Many of these types of cases are settled out of court, one attorney noted...