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The ability-to-repay standard is responsible for the reduction in loan application defects over the past four-plus years, according to First American Financial.
May 30 -
Although mortgage default risk remains very low, it was the only category of consumer lending to experience increases both sequentially and year-to-year in VantageScore's latest update to its index.
May 29 -
A mortgage loan officer from Methuen, Mass., faces six months behind bars for her role in a conspiracy to defraud banks and mortgage companies.
May 25 -
Mortgage industry hiring and new job appointments for the week ending May 25.
May 25 -
Gary Klopp of Nottingham, Md., was ordered to pay more than $525,000 and temporarily barred from working in the mortgage industry by a U.S. District Court judge for violating a previous court order, according to Maryland Attorney General Brian Frosh.
May 24 -
From the latest economic news to the latest developments in digital mortgages, here's a look at six things we learned at the MBA Secondary Conference 2018.
May 23 -
Government-sponsored enterprises Fannie Mae and Freddie Mac are in a race to offer services and technology that help mortgage bankers raise cash from mortgage servicing rights.
May 23 -
Charlotte is losing the headquarters of RoundPoint Mortgage Servicing Corp., which is relocating just over the South Carolina border in exchange for a state incentives package.
May 23 -
Metro Orlando's drop in foreclosures continues, with 8% fewer filings in April than a month earlier and 35% fewer than a year earlier.
May 23 -
The Ginnie Mae 2020 report coming out this summer will reveal the path the agency is taking toward working with digital mortgages, an agency executive said at an industry conference.
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