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Policymakers have eased some rules and the Supreme Court recently dealt a blow to the Consumer Financial Protection Bureau. But as the landmark legislation approaches its 10th anniversary, the post-crisis regulatory regime has stayed largely intact.
From Supreme Court rulings to the Quicken IPO, these were the biggest headlines of the week.
From Southern California to the Great Lakes, here's a look at 12 housing markets with the biggest annual declines in pending sales, according to CoreLogic.
Nonbank servicers have been seeking more sources of cash since the coronavirus disrupted markets and elevated forbearance rates. These are some strategies they may be able to use.
From the Midwest to mid-Atlantic, here's a look at 12 housing markets where first-time homebuyers find the most affordability, according to NerdWallet.
The agency has freed companies from reporting requirements and provided flexibility on exams to help them deal with COVID-19 fallout. It has also finished other regulatory relief efforts that were in the pipeline before the pandemic hit.
Democrats’ latest proposal to back debt collectors, enable loans for nonprofits and provide other relief could help steer negotiations with the Senate on more stimulus.
From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.
Chairman of the BoardNational Community RenaissanceJuly 10
ShareholderGreenberg Traurig LLPJuly 6
Vice President of Strategic SolutionsOrigenceJune 5
News & Features
The share of Dallas-Fort Worth area homeowners who are behind on their mortgage payments is spiking with the pandemic.7h ago
A man who started a mortgage brokers group issued a statement indicating he regretted saying "lewd" personal things about a Quicken Loans executive’s spouse while sparring over a professional matter.July 13
The number of loans going into coronavirus-related forbearance fell for the fourth consecutive week, as the growth rate plummeted 21 basis points between June 29 and July 5, according to the Mortgage Bankers Association.July 13
After months of pandemic-related delays, the joint venture between Guaranteed Rate and @properties started originating mortgages.July 13
The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.July 13
- Possible Supreme Court win on profits for GSEs dwarfs coronavirus woes
- Quicken Loans opposes proposed HUD change to fair housing enforcement
- Wells Fargo expands nonconforming jumbo refi loan criteria
- Is mortgage servicing's bulk market coming back?
- RON expansion leads to 400% growth in 90 days: Notarize
DocMagic Launches AutoPrep Technology, Enabling Total eClose™ to Accept Documents from Any Provider for Paperless eClosingsTechnology automates the intricacies of preparing documents for an electronic closing
Tier 1 CRA rounds out their product offerings with Finicity partnership
The integration allows lenders to more efficiently and securely share data between Visionet’s VLR solution, that is approved/certified by Freddie Mac and Fannie Mae, and Ellie Mae’s Encompass® to improve closure ratio, reduce turnaround time and save costs in the loan origination process.
Nationwide lockdowns forced banks to close brick and mortar outlets and rely heavily on drive up windows, mobile and online access. BBVA has proven that even in the middle of crisis and chaos, retail still fits into the banks overall strategy.