A Utah lender is suing CMG Mortgage for allegedly surreptitiously raiding two of its Phoenix-area branches. Processing Content SecurityNational Mortgage Co. sued the larger competitor last month in an Arizona state court, and CMG elevated the case to a federal forum this week. The complaint identifies both SNMC and CMG employees purportedly involved in the […]
CMG Mortgage sued for raiding lenders’ Arizona branches Read More »
On average, today’s top-tier 30 year fixed mortgage rates are exactly the same as yesterday’s. Rates are driven by the bond market and bonds continue waiting for bigger developments in the Iran war. At the moment, the market is in a sort of limbo as time remains on the 2-week ceasefire. In the meantime, there’s
Mortgage Rates Hold Perfectly Steady Read More »
Federal officials are ordering a community bank and national mortgage lender to investigate and take corrective action over alleged misconduct that targeted Department of Veterans Affairs borrowers. Processing Content In a consent order filed in early April, the Office of the Comptroller of the Currency accused The Federal Savings Bank, a Chicago-based depository institution specializing
Regulator: Bank misled veterans on VA loan refinances Read More »