mortgage lenders

Fifty years ago, the practice of barring people from buying houses in certain neighborhoods or declining home loans because of race or ethnicity became…

It’s been half a century since the federal government banned discrimination in the home mortgage industry. But a new analysis of mortgage data shows…

A Metro Detroit-based mortgage lender has reached a $48 million settlement with the federal government.Troy-based United Shore Financial Services was…

Michigan homeowners continue to struggle with underwater mortgages.Realty Trac reports today that 38% of Michigan homeowners owe at least 25% more on…

A surge in so-called ‘short sales’ is helping reduce the number of Michigan home falling into foreclosure.It’s a trend that may eventually help Michigan’s…

Home foreclosures in Michigan are expected to increase in 2012. The pace of foreclosure filings slowed in 2011 as mortgage lenders had to deal with new…