28 Jan

Latest Mortgage News

Former KC school teacher sentenced after attempting to outsmart mortgage lenders
A Lee’s Summit man was sentenced to four years in federal prison for trying to outsmart home mortgage lenders. Albert Roberts, 68, was sentenced in federal court today on four counts of wire fraud. He was found guilty at trial last May for his role in a …
Democrat Missourian

RBS is setting aside another £3 billion to deal with its mortgage-backed security case in the US
Ross McEwan, Chief Executive of RBS (Royal Bank of Scotland). Peter Macdiarmid/Getty Images Royal Bank of Scotland has taken a £3.1 billion ($ 3.92 billion) provision as it prepares to settle claims in the United States that it mis-sold toxic mortgage …
The Business Insider

Nationstar Mortgage Holdings Inc Price Volatility Hits An Amplified Level
This is a proprietary realized volatility rating created by Capital Market Laboratories (CMLviz) based on a large number of data interactions for Nationstar Mortgage Holdings Inc (NYSE:NSM) . We examine the little used gem of daily stock volatility over a …

Friday Round-Up: Reverse Mortgage Lender Eyes 2017 Growth, Carson Closer to HUD Secretary Role
Another week has come and gone, leaving a bevy of reverse mortgage news stories in its wake. This week, a reverse mortgage lender discussed its plans to expand its presence in the market this year; a Senate subcommittee grilled President Trump’s …
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