Banco Popular de Puerto Rico

The high cost of preparing for both CFPB and state exams has a disproportionate impact on small independent mortgage banks that don't have the compliance economies of scale of larger lenders.

Meet the new housing finance reform plan, same as the old ones. While that gives it legs, it also presents big challenges.

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

Comptroller of the Currency Joseph Otting writes that the Community Reinvestment Act has not kept pace with changes in banking and needs to be updated.

Consumers traditionally pick the lender with the best rate and the lowest payment, but in a competitive marketplace, the customer's digital mortgage experience is often the first tiebreaker.

Independent mortgage banks have been instrumental in filling the void left by banks that have retreated from the home lending market since the Great Recession.

Some hopeful souls in Washington believe the commercial banking industry will return to originating and servicing higher-risk mortgages, but most banks are more likely to continue withdrawing from the sector.

A patchwork of state laws makes it tough for lenders to adopt electronic notarization, but they'll need to if they want to make a fully digital mortgage a reality.

Technologies like Siri and Alexa will only make mortgage production more efficient if users communicate with them precisely and securely.

Mortgage brokers need to consider bringing their business into new locations to overcome limitations like competition and a finite number of possible customers.