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The Consumer Financial Protection Bureau and the Federal Trade Commission have sent out warning letters. If you got one, it's too late.
November 19
National Mortgage News -
Not all forms of relief are credited on a dollar-for-dollar basis under the attorney general settlement.
November 19 -
Navy Federal Credit Union said it funded $1 billion of residential loans in October, a record for the company.
November 19 -
The Consumer Financial Protection Bureau said it will issue warning letters to at least 12 mortgage banking and brokerage firms that it says broke federal law in advertising loan products to consumers.
November 19 -
Wheeler Real Estate Investment Trust Inc. has priced its initial public offering of over 3 million shares of common stock at $5.25 per share.
November 19 -
The median price of a home sold was $178,600 in October, up 11% from a year ago.
November 19 -
It looks like smooth sailing ahead for profitability in the jumbo space.
November 19
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Fitch Ratings is keeping Genworth Life Insurance with a negative rating outlook in large part because of the “continuing, albeit lower” losses at its private mortgage insurance sister company. But it believes management will still provide capital to the troubled unit.
November 19 -
A thorough, complete, integrated quality control / risk management program consists of three components: pre-funding quality control/fraud prevention; post funding quality control; and quality control using a targeted sample.
November 19 -
An effective date for the Internal Revenue Service’s acceptance of electronic signatures on the 4506-T forms that used to check the integrity of borrowers’ submitted tax information has been set for Jan. 7.
November 19 -
Fannie is seeking to require banks and other mortgage servicers to replace existing force-placed policies on loans it guarantees with insurance provided by a consortium of carriers offering 30% to 40% discounts.
November 19 -
However, the third-quarter production results are notable for one other reason: some table funders are showing a huge increase in business, while others are experiencing a sizeable decline.
November 19 -
The CFPB is open about what it looks for when it examines mortgage firms.
November 19 -
Wells Fargo has temporarily halted loan reviews until it receives guidance from the Federal Emergency Management Agency.
November 19 -
Martin Pfeiffenberger gives back to his industry and his community through his commitments.
November 16 -
No, FHA isn't broke, not yet at least, but it may need to delay writing some claim checks to avoid tapping Uncle Sam.
November 16
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Originators should be developing plans to benefit from the shift back to a purchase market.
November 16
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In the third quarter Stearns Lending funded $3.1 billion of home mortgages, an 88% improvement over the past 12 months.
November 16 -
In October closed transactions increased 17.8% over October 2011, while the median home price rose 2.1%.
November 16 -
The Consumer Financial Protection Bureau said it will give residential lenders extra time to provide certain new disclosures required under the Dodd-Frank Act.
November 16








