Technology
Technology
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Lending groups are demanding the Consumer Financial Protection Bureau take down its mortgage rate calculator, arguing it is providing misleading information to consumers.
March 17 -
Lloyd's of London and Bankers Insurance Service will now offer errors and omissions insurance for Litigation Guard, an online system which performs compliance checks for non-QM loans.
March 16 -
Confidence among homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to shop for properties ahead of the busier spring selling season.
March 16 -
A recent Supreme Court decision means that one exemption to the Fair Labor Standards Act does not apply to mortgage salespeople, but their employers might still be able to take advantage of other exemptions.
March 13 -
Getting a home loan is easier now than a year ago, according to the Zillow Mortgage Access Index.
March 13 -
Online mortgage lender Privlo has entered the Texas market, looking to help those underserved by traditional lenders in securing home financing.
March 13 -
Mortgage professional hiring and new job appointments for the week ending March 13.
March 13 -
Mortgage rates rose to the highest levels this year as job growth gained momentum.
March 12 -
Home buying confidence has gone up since last year as more Americans begin to see now as a good time to purchase a home, according to TD Bank.
March 11 -
MISMO released the latest version of its Residential Reference Model, opening up the standard to review.
March 11 -
Mortgage applications declined for the period ending March 6 as interest rates exceeded the 4% mark for the first time since early January.
March 11 -
Bondholders in CMBS with exposure to Macerich Co. would be wise to watch how Simon Property Group's $22.4 billion bid for the mall operator unfolds.
March 10 -
Banks can expect to incur higher costs in several areas during the implementation of a settlement agreement to improve the accuracy of credit reports. But they might benefit in the long run by getting better information on borrowers.
March 10 -
Home values rose across the country in February, even as appraisers' opinions of values fell below those of homeowners nationwide for the first time in over a year, according to Quicken Loans.
March 10 -
Telecommuting isn't new for front-office loan officers, but in an increasingly competitive hiring environment, some mortgage lenders now let their underwriters work from home, too.
March 10 -
Foreclosure inventory nationwide continued to shrink as the number of homes lost to foreclosure declined in January, according to CoreLogic.
March 10 -
Authorities unsealed a 40-count indictment against six individuals who allegedly targeted distressed homeowners with the false promise of loan modification services following the 2008 financial crisis.
March 9 -
The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the original deadline. But it's also prompted questions about a key technology used by the reverse mortgage industry.
March 9 -
Consumer sentiment towards receiving a mortgage and the direction of the overall economy reached new highs in February, according to a Fannie Mae survey.
March 9 -
Mobile has exploded on the consumer side and financial institutions are realizing that they have to make services available on these devices.
March 6





