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Having the extra time for implementation has been helpful because mortgage companies were experiencing difficulties meeting the first deadline for the change in procedure, which affects government-insured reverse mortgages.
February 27 -
Walter Investment Management Corp. revealed in both its fourth-quarter earnings release and a separate annual report filing with the SEC a potential settlement regarding a FTC and CFPB investigation into its Green Tree subsidiarys servicing practices.
February 26 -
San Francisco-based Sindeo is trying to bring the mortgage brokerage business into the future, creating a new online service that focuses on helping consumers navigate the often confusing mortgage process from start to finish.
February 24 -
Nonbank mortgage lenders added 3,800 new workers to their payrolls in November amid new proposals to offer low down payment conventional loans being announced.
January 9 -
The Online Originator Award acknowledges a lender that has demonstrated a commitment to using Web-based technologies to generate borrower leads and convert them into closed loans. Learn about this year's finalists and see who won the 2014 MT Award.
December 29 -
The new estimate shows a 15% increase in purchase mortgage originations, compared to a drop in 2014.
December 22 -
The third and final part of this series tells how to establish a business model acceptable to the CFPB.
December 15
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Hiring by nonbank mortgage lenders slowed in October after adding 2,900 new workers to their payrolls in the prior month.
December 5 -
FDIC third quarter report shows pop in loan buybacks and indemnifications.
November 25 -
Part two of this three-part series covers what the Consumer Financial Protection Bureau wants to see from originators if they close loans in their own name.
November 24
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The namesake of the lifetime achievement Mortgage Technology Award left a tremendous legacy on the mortgage industry.
November 20 -
Low demand coupled with low interest rates and a focus on simplicity and transparency led to the change.
November 14 -
The Consumer Financial Protection Bureau will be scrutinizing the new cadres of mini-correspondent lenders to make sure they aren't just "captive" arrangements to get around broker compensation rules.
November 10
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Hiring in the mortgage sector increased for the fifth straight month in September.
November 7 -
Impac Mortgage Holdings lost $1.2 million this past quarter as total revenue declined by $4.6 million from the same period in 2013.
November 7 -
He founded and owned Myers Internet Services, which at one time hosted over 8,500 websites for originators and real estate agents.
November 4 -
Is the regulator is looking to ban this channel or providing a road map to lenders on how to do things properly?
November 4
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The consolidation is expected to be completed by the start of next year.
October 31










