Fed Vice Chair-nominee Randal Quarles will likely face questions about his support for small banks, while Comptroller-nominee Joseph Otting must face fallout from his predecessor.
Binh Dang, the co-founder and former president of LendingQB, is seeking a court to force MeridianLink, the loan origination system's parent company, to dissolve.
The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.
Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.
While Freddie Mac is moving cautiously into buying manufactured housing loans not secured by land, Fannie Mae is moving more aggressively. Industry representatives are divided on which approach is superior.
Rather than working with large-scale investors, Freddie Mac said it will focus on assisting community organizations and local institutions to fund single-family properties for renters with special needs.
Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.
From the small lender’s perspective, most of the various GSE reform proposals that have been offered are designed to advance the interests of the big banks.
From the largest banks to the smallest independents, policymakers want to hear the mortgage industry speak with one voice in the critical efforts to reform the government-sponsored enterprises.
A key question for the future of housing finance is whether large and small lenders will both be able to compete, or will a new system favor Wall Street giants?
Issues with mortgages and debt collection are making up almost half of consumer complaints received by the CFPB. Here's a look at how these two most common complaints measure up nationwide.
From automated applications that borrowers can complete on their own, to data-mapping that speeds up the underwriting process, here's a look at strategies that can help lenders close loans faster.
Enterprise America, Inc seeks IT Analyst. Prepare technical documentation on business requirements for upper management. Develop systems for existing clients, new clients and banks. Develop and maintain company's website. Update the website as needed. Prepare e-flyers and other marketing materials for the company. Develop systems to perform e-marketing with existing and new clients. Assist upper management with communications and information flow. Provide recommendations for new systems and planning procedures. Supervise 1 IT Analyst and 1 IT Intern. Requires a Master’s Degree in Information Technology and Management; SQL, Java, SAP ERP, Statistical Analysis System experience and 1 year of related IT experience. A full-time position with an annual salary of $101,566. Resumes can be mailed to 12222 Merit Dr, Ste 1870, Dallas TX 75251 or email to nafis@useai.com
