Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
Latest Posts
MLN Faces Renewed Rumors of Shutdown
Jan 01, 2007Mortgage Lenders Network USA is facing rampant speculation this weekend about its future, with numerous unconfirmed sources telling Housing Wire that the company has stopped funding residential loans as of December 29, 2006. While unconfirmed, the company allegedly notified brokers late Friday of its decision to stop funding new loans, citing a lack of warehouse credit, and also allegedly said it will be focusing on servicing its existing portfolio.
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Capital Alliance Appoints CEO, Looks to Reverse Losses
Dec 29, 2006 -
Alliance Bankshares Shutters Mortgage Unit, Cites Poor Market Conditions
Dec 27, 2006 -
MIT Launches Groundbreaking Commercial Property Index
Dec 20, 2006 -
Inflated appraisals equal jail time
Dec 19, 2006
