Stratmor has squashed a lawsuit from a disgraced mortgage executive who accused the advisory firm of giving him bad advice in a botched acquisition. Processing Content U.S. District Judge Charles Goodwin granted Stratmor’s motion for summary judgment last month in a breach of contract suit from First Mortgage Co. The long-defunct Oklahoma City-based lender accused […]
Stratmor beats lawsuit accusing it of bad M&A advice Read More »
Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much ground. Because bonds dictate mortgage rate movement, the average lender remained very close to Friday’s latest levels. MND’s rate index (a measure of top-tier 30yr fixed rates) rose by 0.01% which is the smallest increment
Mortgage Rates Almost Perfectly Flat to Start New Week Read More »
The Veterans Affairs mortgage benefit got high marks in a survey of current and past military members, but more than half still have at a minimum one misconception about the program. Processing Content NewDay USA, which specializes in serving this community, commissioned the online survey of 1,238 people conducted by Researchscape between Feb. 18 and
VA mortgage survey reveals gaps in benefit awareness Read More »