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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President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions.
May 22 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.
May 21 -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
May 21








