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The CFPB's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, said David Motley, the new chairman of the Mortgage Bankers Association.
October 23 -
Texas is receiving $58 million from the Community Development Block Grant disaster recovery program that HUD administers.
October 20 -
The Federal Housing Finance Agency added a language preference question to the loan application, rejecting the mortgage industry's wishes.
October 20 -
To protect veterans from predatory lending practices, Ginnie Mae and the Department of Veterans Affairs should remove lenders' financial incentive for originating Interest Rate Reduction Refinance Loans.
October 20
Chrysalis Holdings -
Equifax continues work to add new security features and restore full access to The Work Number following a report highlighting potential security vulnerabilities in a browser-based portal of its employment verification service.
October 20 -
Some housing groups are warming to an idea that they say could help more Americans benefit from housing-related subsidies than the mortgage interest deduction.
October 20 -
Home sale prices in Western New York hit new peaks over the summer, as the region's housing market continued to churn past historic records.
October 20 -
A limited housing supply fueled by the San Francisco Bay Area's booming job growth and decades of slow construction has forced home values and rents to near record highs.
October 20 -
SunTrust’s yields have improved as it has increased its credit-card and student lending and made more online personal loans through its LightStream subsidiary.
October 20 -
Mortgage industry hiring and new job appointments for the week ending Oct. 20.
October 20













