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When charging fees to borrowers with weaker credit histories, lenders should take great care to describe everything correctly and ensure such fees are not excessive.
February 9
Offit | Kurman -
It's a mortgage on top of a mortgage, and at least one lender is making these loans again through brokers.
February 9 -
The Connecticut Housing Finance Authority plans to sell $150 million of mortgage finance program bonds, starting with a retail order day on Monday.
February 9 -
The end of the refinance boom cost more nonbank mortgage lender jobs than originally estimated, though the revised figures make the subsequent hiring pickup appear more impressive.
February 9 -
One of the culprits in the building and bursting of the nation's housing bubble, the low-down-payment mortgage, is back in favor and readily available at a lender near you.
February 9 -
Michigan builders are expecting an 8% increase this year in new home construction permits, good news for the industry but still far below pre-recession levels of activity.
February 9 -
As the New Jersey Supreme Court considers whether to intervene in the Christie administration's regulation of affordable housing, the case has brought into focus a debate over the need for such housing among low- and moderate-income residents.
February 9 -
When the financial crisis obliterated South Florida's housing market, the number of foreclosures in Miami skyrocketed.
February 9 -
Ocwen Financial Corp., which agreed with regulators in December to improve its mortgage servicing, sent Nathan Fitzgerald a notice saying his loan was in default. If he didn't send a $2,266 check immediately, Ocwen said, it would foreclose on him.
February 9 -
Protests by community groups and now a public hearing threaten to delay the completion of CIT's acquisition of OneWest Bank. The deal will probably get approved, and it might not get delayed too long, but all those "probablys" and "mights" are what make the proponents of more big M&A queasy.
February 6 -
Bank of America Corp., which had been warning investors to avoid U.S. government-backed mortgage securities, reversed its call this week. The reason: oil prices are stabilizing.
February 6 -
After struggling for years to build a hotel plaza across from the new 49ers stadium, Joe Montana is teaming up with an experienced and wealthy developer that already has its sights set on Santa Clara.
February 6 -
Once defined by the size of its foreclosure offerings, the Myrtle Beach, S.C., area real estate market now outperforms both state and national real estate markets in the current rate of foreclosures and the percentage point drop in foreclosures over the past year.
February 6 -
The relationship a loan officer took several months to cultivate can be destroyed by your servicing area in just 10 minutes, affecting potential referrals or future business. Here are a few ways you can avoid that.
February 6
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Concentrate on only four or five of these items that you think are important to your attendees and your area of the country. f these suggestions to give your
February 6 -
Two Justice Department lawyers leading an effort to hold financial firms accountable for the mortgage-fed debacle that fueled the Great Recession stopped in to talk strategy in mid-2009 with Jerry Brown, then California's attorney general.
February 6 -
The Inland Empire is the key to the future of Southern California and the region's middle class, an economic and social commentator said.
February 6 -
Mortgage professional hiring and new job appointments for the week ending Feb. 6.
February 6 -
San Francisco's controller discouraged lawmakers from going forward with a proposal to use the city's eminent-domain powers to help homeowners avoid foreclosure, citing federal limitations and risks to the city's borrowing costs.
February 6 -
New disclosure rules from the Consumer Financial Protection Bureau don't go into effect until this summer, but lenders are already worried about compliance and fearing it may make the closing process far more difficult.
February 5







