Loan Think

The U.S. Supreme Court Fair Labor and Standards Ruling will likely revitalize interest from the plaintiffs’ bar regarding FLSA claims against lenders, who continue to struggle with legal compliance on this issue.

Right now policy makers, industry participants and advocates are no doubt discussing how to remedy the housing industry's problems. Their discussions are based on assumptions that might not be correct.

A new book by the American Enterprise Institute's Peter Wallison reveals how a government push to lower credit standards brought about the housing crisis — and why a new effort to expand homeownership could inadvertently set the stage for a fresh disaster.

The FHA forward loan program has helped millions of families finance homes and is poised to thrive if untangled from HECM in the MMI. FHA’s ability to serve these families should not be affected by issues associated with the HECM program.

Lenders should carefully evaluate their business practices and the importance of an actual pre-approval process in the context of their operations.

Unless we are willing to consider housing policies that reflect the economic conditions young adults in this country are actually facing, we will never solve the problems in U.S. housing markets.

Mobile has exploded on the consumer side and financial institutions are realizing that they have to make services available on these devices.

Compliance with data security requirements can be affected by the layout of your office.

An overlooked issue in the plan to reform Federal Home Loan bank membership could inadvertently jeopardize the local focus of the system by allowing insurance companies to apply for membership in any of the 12 districts.

The concept that lenders need to have systems in place to affirmatively detect and redress problems before consumers are affected is very real and lenders should ensure their systems are up to the task.