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Quicken Loans is partnering with Freddie Mac to boost business among first-time and middle-income borrowers as it battles allegations over its past underwriting practices on Federal Housing Administration-backed mortgages.
October 19 -
Ditech Financial is tapping the securitization market to fund advances of principal and interest payments to mortgage bondholders.
October 16 -
B2R Holdings, the parent company of B2R Finance, which lends to landlords, has rebranded as Lending.com.
October 16 -
The Consumer Financial Protection Bureau backed off some of its initial plans in its final rule requiring lenders to collect more data from mortgage borrowers, but industry representatives warned the agency had not gone far enough.
October 15
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WASHINGTON The Consumer Financial Protection Bureau finalized a rule Thursday that requires lenders to collect more information from borrowers as part of mortgage disclosures.
October 15 -
The risk for mortgage fraud fell 8.9% at the end of the second quarter compared with a year earlier, according to CoreLogic.
October 15 -
Executives in the mortgage industry must "take a page from the real estate community" and be more active in Washington and their state capitals, said outgoing Mortgage Bankers Association Chairman Bill Cosgrove.
October 15
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The Internal Revenue Service has stamped an approval on Bank of America Corp.'s $8.5 billion settlement tied to bad mortgages sold by its Countrywide unit in the run-up to the financial crisis, possibly setting a standard for agreements with other lenders.
October 15 -
The outlook for originations, and regulators' priorities for 2016, will dominate discussions throughout the Mortgage Bankers Association's Annual Convention in San Diego next week. Earmark these eight hot topics and features to seek out at the show.
October 14
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The nonprofit behind McGruff the Crime Dog has designated mortgage fraudsters as its next target.
October 14
