MISMO, the not-for-profit data standards subsidiary of the Mortgage Bankers Association, has relaunched its website, touting updated content, search options, navigation, and design features.MISMO said the new features include: an updated search engine; more-intuitive navigation; updated content on MISMO (the Mortgage Industry Standards Maintenance Organization) and technology issues; a new user login system that allows MISMO to use the MBA's single sign-on capability for all MBA websites; and the ability to sign up for multiple listserves simultaneously. MISMO can be found online at http://www.mismo.org.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
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Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
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Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
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Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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