Loan Think

Regulators have begun a push to significantly limit, and in some cases completely eliminate, the use of automated valuation tools in property valuation efforts.

You need to be able to deal with an unexpected temporary shutdown of operations.

WE’RE HEARING that while UDAAP has primarily shown itself to be a credit card concern so far, mortgage lenders could be next.

Which kind of mortgage sales person are you? Being proactive could save you some grief.

We're hearing at the height of the mortgage crisis Navy Federal Credit Union found the delinquency rate on one of its special mortgage products remained below the industry’s overall delinquency rate on prime credit quality loans.

This is not to say there are never circumstances where a lender might be wise to consider exempt status. However, it is hardly a no-brain decision.

We're hearing that some servicers don’t believe they can modify a VA loan.

The Veterans Administration is the only government agency that has not made huge underwriting rule changes for several years now.

In the preliminary stages, lenders may not yet know what they need, much less want.

Mortgage Investors Corp., St. Petersburg, Fla, received the largest fine in Federal Trade Commission history for Do Not Call list violations.