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As VA foreclosure plan deadline nears, servicers ask for more time -
Fed to start slowing balance sheet wind down in June -
FHLB officials concerned about supervisory implementation of FHFA report -
Lenders, TPOs barred from HECM-for-Purchase contributions -
The Fed is talking, but markets still hear what they want to hear
- Sep 9-10, 2024|San Diego, CA
Over the next decade, the housing market will have excess demand of 25 million units even as the baby boomer generation ages and dies, the Mortgage Bankers Association said.
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The new chair of the Basel Committee on Banking Supervision called for member nations to finish the job of implementing post-financial crisis regulations. He also warned them not to put economic goals over safety considerations.
October 23
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Consumer Financial Protection Bureau Director Rohit Chopra said opposition to the bureau's recently finalized open banking rule should be viewed as banks and other large firms attempting to quash competition and stymie consumer data protection.
October 23
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While recent homeowners overwhelmingly support digital innovation that leads to faster, streamlined transactions, AI is "still not a trusted system for many borrowers," Cloudvirga said.
October 23
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The company's earnings looked more favorable when adjusted for the one-time charge, and it reported record levels of liquidity during the quarter.
October 23
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Looking ahead, the fintech views cross-selling products to customers as a strategy to expand its business and increase market share in the industry.
October 23
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
These are the best of the best, the nation's 50 most productive mortgage originators by dollar volume.
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If customers perceive they are dealing with a scripted chatbot, they are likely to be less satisfied with their mortgage servicer, J.D. Power said.
October 25
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The Top 50 Firm based in Cleveland is the latest to receive a private equity investment, in this case from Lovell Minnick Partners.
October 25
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California's Department of Financial Protection and Innovation is requiring registration by mid-February of debt settlement firms, earned wage access providers, private secondary education financing and student debt relief services.
October 24
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The agency filed an appeal to a ruling in August, which decimated its noncompete ban, set to go into effect in September.
October 24
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The suit claims Fairway Independent Mortgage did not pay its loan officers overtime and failed to reimburse them for work-related expenses.
October 24
