In the News Business Insider As companies like Milo and Figure announced offerings of new crypto-backed mortgages, homeowners and homebuyers are curious to know how they work. In a Business…
Category: Loan And Mortage
ANGEL OAK MORTGAGE, INC. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K)
Item 1.01. Entry into a Material Definitive Agreement. On April 13, 2022, Angel Oak Mortgage, Inc. (the “Company”) as guarantor and two of its subsidiaries (each a “Subsidiary” and together…
Millions of Americans Have Used Risky Financing Arrangements to Buy Homes
Overview Most homebuyers in the U.S. use mortgages to purchase their homes. However, many others use alternative financing arrangements, such as rent-to-own, that research indicates are generally riskier, more costly,…
As mortgage rates climb, one big thing homebuyers should consider doing now
Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet,…
Southern District of New York Dismisses Claims Alleging “Loan-to-Own” Scheme | King & Spalding
On March 4, 2022, Judge Lewis Liman of the U.S. District Court for the Southern District of New York dismissed an 18-count complaint alleging a multi-year “loan-to-own” conspiracy—including claims of…