FHA: MMI Fund remains healthy despite mortgage headwinds

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) managed another solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title II Single Family Mortgage Insurance programs.The FHA’s MMI Fund achieved a ca
Read MoreRocket Mortgage faces class-action lawsuit for unsolicited telemarketing calls

Detroit-headquartered lender Rocket Mortgage faces a class-action lawsuit for making repeated, unsolicited telephone calls, violating the Telephone Consumer Protection Act (TCPA).According to the suit filed in the U.S. District Court for the District of Arizona on Tuesday, Kellie Deits – a resident
Read MoreCitizens Bank to exit the wholesale channel

Providence, Rhode Island-based Citizens Bank, the 28th largest U.S. mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year. “After careful consideration, Citizens has made the difficult decision today to discontinue origin
Read More$63 Million California Coastal Estate Comes With An Unexpected Time-Saving Bonus

This lush, gated estate on the Southern California coastline is prepped for a buyer to unlock its potential.
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