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.
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.
Ocwen Financial finalized the deal to sell its interests in $110 billion of nonagency mortgage servicing rights to New Residential for total consideration of $400 million.
Unlike the $15 billion-asset bank’s legacy mortgage bonds, the new offering is backed by loans to borrowers with strong credit and significant equity in their homes.
Strong housing demand continued to outpace supply in June, in large part because millennial buyers are on the rise, according to First American Financial Corp.
There were 424,800 U.S. properties with foreclosure filings in the first half of 2017, down 20% from the prior year, according to Attom Data Solutions.
It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.
Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.
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?
The Financial Choice Act contains many positive reforms for community banks, but a provision affording benefits for holding loans on balance sheet poses risk for small lenders.
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
