The settlement paves the way for an industry upheaval, sooner rather than later.

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported an average net loss of $2,109 on each loan they originated in the fourth quarter […]

In late 2022 and early 2023, private equity real estate investors sharply pulled back on funding. They caught on—in some cases, too late—that rising interest rates […]

The main house is located on a parcel that has 300 feet of shoreline on Sturgeon Lake. The property is being sold with a second 4.5-acre […]