The Consumer Financial Protection Bureau is likely to finalize its small-dollar rule by September ahead of Director Richard Cordray's widely expected departure.
Borrowers can now self-serve when submitting application information at U.S. Bank, but the bank also has proprietary technology aimed at keeping loan officers looped in to help with product selection.
Arch Capital Group's mortgage insurance business had second-quarter underwriting income of $184 million, up 343% from the $41.4 million for the same period last year.
Mortgage rates dropped for the second consecutive week, although the yield on the benchmark 10-year Treasury actually increased during the period, according to Freddie Mac.
The government-sponsored enterprises transferred $5.5 billion of credit risk on $174 billion of mortgages in their portfolios during the first quarter.
The U.S. population is aging, and one of the well-established components of the American dream — buying and owning a home — appears poised to aid in the baby boomers next phase of life.
JPMorgan Chase’s home lending unit is trying to position itself as the solution for millennials who increasingly want to buy their first homes despite rising prices and other affordability hurdles.
The U.S. population is aging, and one of the well-established components of the American dream — buying and owning a home — appears poised to aid in the baby boomers next phase of life.
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.
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
