Loan Think

What if home prices keep rising and residential loan underwriting standards don't ease?

Before asking for a bid, verify that every contractor you're considering has the proper surety bond and licensing in place.

It would appear that FHA's days of being known as 'the government's subprime lender' are just about over.

The CFPB and FTC have issued joint warnings about misleading advertising. While these warnings generally address apparent shortcomings (e.g. misrepresenting government affiliation), they signal to lenders the importance of reviewing advertising from a compliance rather than merely marketing perspective. In particular, advertisers should review not only the substance of a marketing piece but rather the entirety of a marketing campaign. For instance, a lender should review the likely audience and whether the particular product being advertised is appropriate for that audience. Lenders should take special care when it comes to marketing campaigns that may utilize media outlets that strongly favor one particular racial ethnic gender or age group, or if different products are being advertised to different media outlets strongly associated particular socioeconomic groups

As the deadline for consumers to file a claim under the national mortgage settlement draws closer, they will increasingly turn to nonprofit counseling agencies for advice.

Many professionals are fleeing the REO industry, everyone from servicing shop executives, to specialty providers, to real estate agents.

The Federal Trade Commission has updated its guidelines for anti-identity theft programs.

Fear and loathing in nonbank mortgage land: the CFPB.

An originator's point of view on how consumers should shop for their loan.

If mortgage banking were a stock, how would you trade it? Discuss amongst yourselves.