Mortgage Benefits Corp., a Redwood City, Calif., firm that offers a turnkey solution for employers to offer mortgages as part of an employee benefit package, has signed agreements with four benefits brokers to offer the MortgageChoice Plan to their clients.The four companies are BB&H Benefit Designs, Benefits Solutions Co., Westland Insurance Brokers and WorldWide Financial Group. Marsha Tiller, president of MBC said, "Our agreements with these benefits brokers allow us to extend our client reach nationwide and provide almost immediate implementation. The positive reception to the MortgageChoice Plan by benefits brokers indicates a demand in the marketplace for high-impact, voluntary employee benefit products and our group mortgage plan fits that profile."
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




