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With regulatory reform, the secondary mortgage market as well as the primary one will have heightened liability when it comes to loans.
May 17 -
As a result of the new qualified mortgage rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations.
May 16 -
The National Association of Realtors is projecting that existing home sales will rise 16% from 2012 to 5 million this year.
May 16 -
When it comes to counseling consumers on their financial health, home buying or home retention, an effective client management system can help with that process that takes place following an initial counseling session.
May 16
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Concordia Bank & Trust, with assistance from the Federal Home Loan Bank of Dallas, has provided a SNAP grant to a Mississippi senior citizen who needed a new roof for her home that was built more than 130 years ago.
May 16 -
NewDay USA, a lender that specializes in originating VA, FHA and reverse mortgage loans, has completed the move of their company headquarters to a new building in Fulton, Md.
May 16 -
Data integrity is a key focus in quality control when it comes to getting a loan closed both efficiently and accurately in line with compliance.
May 16 -
A temporary worker for PHH Corp. potentially gained access to employees' personal information, including Social Security numbers and dates of birth.
May 16 -
House prices rebounded in 2012 as seven out of every 10 metro areas posted significant gains. But price appreciation will be more modest in 2013.
May 16 -
Margin compression once again overpowered loan growth in the first quarter, sapping banks traditional source of revenue.
May 16







