ERS Group, an economic and financial consulting subsidiary of Dallas-based SourceCorp, has announced the release of Home Mortgage Disclosure Act peer data and rankings in RiskExec regulatory compliance software.ERS said it believes its release of the HMDA Peer Databases and Rankings makes it the first firm in the nation to provide its financial clients with a "full review of lending and competitive performance" in the 2004 home mortgage market. The company said the RiskExec software includes geocoding, mapping, edit-check management, regulatory filing, interactive maps, peer rankings, and executive and regulatory reporting for all facets of HMDA, as well as the Community Reinvestment Act and the Home Ownership Equity Protection Act. ERS and SourceCorp can be found online at http://www.ersgroup.com and http://www.srcp.com.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
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