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Mortgage professional hiring and new job appointments for the week ending June 19.
June 19
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Black and Hispanic home-loan applicants in New York are more than twice as likely to be denied as white applicants, a study by StreetEasy found.
June 19 -
Pressure from community groups forced Valley National Bancorp to strengthen its commitment to lend in low- and moderate-income neighborhoods in order to win approval for a Florida acquisition. Other banks, too, are now placing CRA efforts front-and-center as they aim to sell deals to the public and their regulators.
June 19
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The Consumer Services division of Washington state's Department of Financial Institutions has accused Quicken Loans with sending false claims in direct mail advertising to military members.
June 19 -
Stonegate Mortgage Corp. is rolling out a new system that it says will give home-loan investors greater ability to handpick the debt they want to buy.
June 19 -
InHouse Connexions has released a new software product for commercial lenders and appraisers for valuing properties.
June 19 -
FHA tries to clarify what loan defects will bring the harshest penalties to guide lenders and instill more confidence.
June 18 -
A technical error made by the Consumer Financial Protection Bureau has become a saving grace for lenders who had pushed, begged and pleaded for more time to comply with a new mortgage disclosure rule.
June 18
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It turns out the Consumer Financial Protection Bureau's failure to file a two-page form to Congress on time was the unspecified "administrative error" that delayed the effective date for new mortgage disclosure rules.
June 18
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A flood of ex-homeowners may be ready to re-enter the mortgage market over the next five years, according to a TransUnion report.
June 18
