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Nonbank mortgage users signing up for the new CFPB registry will be able to leverage the Nationwide Mortgage Licensing System but new guidance lays out some of the limits to the efficiencies.
August 29 -
The Federal Reserve finalized its capital requirements for large banks Wednesday based on June's stress test outcomes.
August 28 -
While lower rates have piqued borrower interest, most are waiting for some key events to pass before buying or refinancing, originators said.
August 28 -
New rules from Treasury's Financial Crimes Enforcement Network will mandate reporting for non-financed real estate transfers and expand anti-money-laundering requirements for investment advisors.
August 28 -
Real estate agents and loan officers from post-Soviet states say the war has altered relationships between one another and made dialogue with some clients strained.
August 28 -
Purchases managed a small rise, but refinance activity held steady, according to the Mortgage Bankers Association.
August 28 -
The scam involves unlicensed lenders offering phony warehouse lines of credit that have led to monetary losses in the thousands and the compromise of confidential borrower information.
August 27 -
Gen Zers had the highest rates of mortgage delinquencies that were up to 89 days past due.
August 27 -
About 85% of U.S. homeowners have interest rates below 6%, while a little over 50% of homeowners have a rate below 4%, Redfin's report said.
August 27 -
The plaintiffs' 2nd Circuit filing in the Bank of America escrow preemption case is the first since the Supreme Court sent it back for more analysis.
August 27