Responses to our survey question are running nearly 3-to-1 against requiring mortgage lenders to book loan commitments as liabilities.The tally stood at 113-325 shortly before 1 p.m. Friday. To go to the survey, click http://www.nationalmortgagenews.com/nmn/survey.htm.
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There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.
31m ago -
Max Levchin, CEO of the buy now/pay later lender, said recent tests show young adults prefer interacting with intelligent chatbots over phone-based agents, but the company doesn't foresee major cost savings from generative AI for a few more years.
2h ago -
Test your knowledge of the biggest mortgage headlines of the week. No. 2 pencil not required!
8h ago -
The San Diego company was back in the black with a net income of $28.5 million in the first quarter of 2024, up from a net loss of $93 million the previous quarter.
May 9 -
The agreements at the heart of the hearing did not cover the one reached with the National Association of Realtors or those people that only bought homes.
May 9 -
Feds say Chicago businessman Mark Steven Diamond defrauded at least 80 victims and caused at least $6 million in losses.
May 9