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As lenders expand into HELOCs, fraudulent activity is up. Here's what lenders need to know to protect borrowers and their portfolios.
June 9 -
The exemption from the temporary restriction the government securitization guarantor introduced last month could help smaller issuers.
June 9 -
A new proposal from the Senate Banking Committee for the massive budget bill to eliminate this source of funding for the Consumer Bureau is dangerous, writes the president of the Center for Responsible Lending
June 6The Center for Responsible Lending -
Interested parties have until July 5 to give their views regarding the new standard for home equity line of credit electronic closing documents.
June 6 -
The Consumer Financial Protection Bureau pinpointed five rules that it wants the White House budget office to review. Details, however, are sparse.
June 6 -
The lender's former chief of staff alleged the non-QM lender misrepresented loan characteristics to investors and regulators, charges which were never proven.
June 6 -
In her first speech since being confirmed as the Federal Reserve's vice chair for supervision, Michelle Bowman outlined a set of ambitious pursuits that would overhaul bank regulation and examination.
June 6 -
Treasuries slumped after stronger-than-expected US job and wage growth prompted traders to trim bets that the Federal Reserve will cut interest rates this year.
June 6 -
A group of Democratic senators, including Elizabeth Warren and Chuck Schumer, asked the director of the Federal Housing Finance Agency to pause any efforts to privatize mortgage finance companies Fannie Mae and Freddie Mac.
June 6 -
However, some aspects of the latest employment statistics from the Bureau of Labor Statistics point to gradual weakening in the economy.
June 6