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A Michigan lender is suing a competing mortgage firm for allegedly poaching over 30 employees over the past two years, causing it to close at least three of its Florida branches. Success Mortgage Partners accuses Stockton Mortgage Corp. of…
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While most homeowners probably don’t have a refinance on their radar (due to the big jump in interest rates), take note that fees for cash out refis are going up in about a month. Back in October, Fannie Mae and Freddie Mac announced new…
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Former Treasury Secretary Lawrence Summers said that the latest U.S. inflation numbers were encouraging and that the coming likely recession may arrive later than previously thought. "We are in better shape than I thought we were, and…
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