Loan Think

The overall message – that mini-correspondents were intended as transitions, not permanent business models – means that the loan channel would be examined for consistency with the intended purpose.

This is what CFPB will be looking for to determine if a mini-correspondent really is a mortgage banker or a mortgage broker.

Minority borrowers, as a group, are more likely to use the same lender again and more likely to comment about the experience in social media.

Selling loans into the secondary market was a good strategy for housing finance agencies when rates were falling, but now they are said to be heading back to traditional bond financings to boost their balance sheets.

Just when you thought the exotic issues regarding residential default had all been discovered, discussed and litigated, here comes the so-called zombie foreclosure.

You can’t always get insight into your audience, so here are some benefits to this type of teaching.

Lenders need to take the initiative to analyze their Home Mortgage Disclosure Act data before the Consumer Financial Protection Bureau does.

Another roundup of comments on our Editor at Large blog, from the best and brightest to the funniest.

Signs are definitely pointing to a rise in REO activity across the country in specific markets, particularly in Massachusetts, New York, Florida, Ohio, Illinois, Tennessee and elsewhere.

Unlike other regulatory agencies that in many cases looked at form over substance, the Consumer Financial Protection Bureau will ignore structures altogether when it perceives them to be "sham" transactions.