The new bond products offer higher yields in a low-interest-rate environment; but if the loans go bad, investors are on the hook
The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods
David Connelly is joining Offerpad as chief growth officer from Citigroup and Ben Aronovitch is joining as chief legal officer from Taylor Morrison Home Corporation
The money will go toward improving housing affordability, financial health and small business growth in underserved communities
Zillow Group's CEO lines up industry heads for leadership conversations
Loan officers at New American Mortgage keep desks in brokerage's offices
New American Mortgage loan officers will be present in brokerage offices
Banks expected to appeal stress tests
Combined company to have offices in 39 states
Citi protests agreement announced today
U.S. market 'remains big draw for foreign capital'
But super jumbo lender must first raise $1 billion
WaMu, Wells Fargo, National City affected