The Trump administration's decision not to seek funding for the CFPB and transferring remaining enforcement cases to the Department of Justice were cited as reasons for the resignation of Michael G. Salemi, who took over as CFPB enforcement chief earlier this year.
Absolute will add Fidelity Digital Mortgage's 55 producing loan officers to its team of roughly 190.
What developments around rent reporting and new credit standards portend for mortgage companies. Part 2 of a series on government-sponsored enterprise changes.
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A bipartisan housing provision has emerged as a critical negotiating point for passage of an uncommonly bank-relevant defense authorization bill.
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Delinquency trends split in Q3, with securitized and agency loans showing more strain while banks and life companies saw small improvements amid uneven vacancy and rent conditions.
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The Government Accountability Office has agreed to investigate Federal Housing Finance Agency Director Bill Pulte for allegations of misuse of power and violations of federal privacy laws
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Gallego introduced legislation to amend the EB-5 immigrant investor visa program in order to funnel more money into the construction and rehabilitation of homes.
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Bank of America was the leader in this study, with Rocket as the only nonbank mortgage lender which got a score higher than the industry average.
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Several claims in a recent Loan Think column misrepresented how credit scores and resellers work in mortgage lending, according to the president of the National Consumer Reporting Association.
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Renters who pay on time deserve credit toward homeownership, and new data tools can make that possible, according to the owner of Burkentine Real Estate Group.
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In order to believe in the idea of "competition" in credit scores, the Washington housing community must believe that large institutional investors who buy whole loans and mortgage-backed securities are really, really dumb, writes the Chairman of Whalen Global Advisors
Mortgage companies see a lending future backed by artificial intelligence, but there may be as many questions as answers to what the path might look like.
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
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ON-DEMAND VIDEORecapture strategies from a subservicer perspective -
ON-DEMAND VIDEOKC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.
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ON-DEMAND VIDEOThe markets are waiting for the Federal Open Market Committee to make its next move.
