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Lenders financed the properties through first-lien, fixed-rate mortgage loans, most of which were on 30-year terms extended to prime borrowers, many self-employed.

With large banks establishing strong security infrastructure, cybercriminals are eyeing smaller and mid sized companies as their next victims.

The Consumer Financial Protection Bureau will conduct supervisory exams of nonbank fintech companies that pose risks to consumers as Director Rohit Chopra seeks to level the regulatory playing field with supervised banks.

Technology moves at a breakneck pace that threatens to leave flat-footed organizations in the dust. But industry leaders are leveraging the bleeding edge to get ahead of the pack and never look back. 

Origination fees vs. origination charges can be one of the most confusing parts of a loan offer. Diving into the difference between the terms and why there is no uniformity in the industry can help borrowers understand the lending process better, writes the CEO of Confer.

Founder and CEO of Confer, Yatin Karnik, is a former senior vice president at Wells Fargo.

A shortage of workers, sharp wage hikes and global supply chain challenges held the nationwide completion rate to just a 7% increase between 2019-21, according to LendingTree.

First American’s Real House Price Index showed a record increase, reflecting both elevated home prices and fast-rising interest rates.

The bank didn’t disclose which specific employees, or how many, were impacted by the announcement.

Jamie Greenleaf is a Fiduciary Consultant and Principal of Greenleaf Advisors, as well as Co-Founder of Fiduciary In A Box