The Consumer Financial Protection Bureau unveiled a new pilot program on Wednesday designed to allow consumers the ability to electronically review and file mortgage closing documents.
LRES has updated its DirectConnect platform designed to accelerate the valuation ordering process.
Regulator Benjamin Lawsky is concerned that Hubzu, a website run by Ocwen's Alitsource affiliate, charges inflated fees "through conflicted business relationships" at the expense of mortgage investors and strapped homeowners.
As the rest of the housing industry recovers, a little-known firm with a key role in mortgage finance remains stuck in limbo, wrestling with regulators, lawsuits and the departures of senior employees.
From hyper-personalized "one-to-one marketing" to ad campaigns that narrowly target veterans, originators are seeking vendors' assistance in their efforts to retain and grow volume.
The Consumer Financial Protection Bureau has invited consumers to complain about getting a mortgage and it is getting plenty of responses.
From Our Blogs
»Why Cant Mortgages Be More Like College Admissions?
»How to Improve Servicing Call Centers with Existing Tech
»Three Growth Strategies for a Shrinking Mortgage Market
»Common Myths about Loan Modifications
»Conversation, Not Examination
»Meeting QM Requirements with Centralized Data
»Using Consistency, Detail to Overcome New Appraisal Challenges
»All Clouds Are Not the Same: The Myth of Cloud Computing