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An appraisal requirement proposed by the Consumer Financial Protection Bureau could be tough to implement without the right cost-effective automation.
September 19
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Existing-home sales rose in August for the third consecutive month while the median price paid for a house increased for the sixth straight month.
September 19 -
Roughly 58% of LOs told Hammerhouse that they consider their compensation “fair and compliant,” while 56% said their firms consistently meet “industry service standards.”
September 19 -
A federal judge has thwarted efforts by African-American consumers to proceed with a class-action lawsuit against Option One Mortgage.
September 19 -
Were beginning to hear reports that some large megabanks are starting to lose residential loan officers to nonbanks.
September 19
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Mortgage Builder is set to release the latest version of its loan origination system.
September 19 -
Does a borrower whose mortgage is underwater have an obligation to continue paying their monthly loans if they have the ability to do so? There are different viewpoints to this question.
September 19 -
Single-family housing starts jumped 5.5% in August to their highest level in more than two years with home building executives starting to feel good about their future.
September 19 -
Two former Sterling Financial mortgage loan officers sued the lender on claims that they are owed unpaid overtime.
September 19 -
Mortgage applications were just about flat for the week ending Sept. 14, but refinancings—thanks to the HARP program—are on the rise.
September 19






