A continuing shortage of housing inventory makes it more important than ever that sellers and real estate agents understand how quickly VA loans can close. At least, that’s what VA lenders believe.
A Delaware Superior Court ruled that ACE American Insurance Co. must advance nearly $18 million to Guaranteed Rate on a claim the lender filed for defense costs related to allegations it violated the False Claims Act.
Key metrics reviewed in HUD’s single-family default monitoring system showed that residential servicers generally complied with HUD’s forbearance reporting requirements for FHA loans.
Mountain Hawk II CLO class E and Flagship VII class F are the first two collateralized loan obligation tranches to default following the financial crisis more than a decade ago, according to a recent report from S&P.
Trade groups like the Mortgage Bankers Association and the Structured Finance Association that are planning in-person conferences this fall are keeping a close watch on ever-developing COVID-19 safety protocols.
Rocket is offering residential solar financing and installation services while New Residential is set to launch an operating company focused on single-family rentals.