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Sen. Warren: Return FHLBs to housing mission -
Hsu says banks and AI companies should share responsibility for model errors -
Ginnie Mae's Sam Valverde on tackling liquidity hurdles -
CFPB finalizes standard-setting body rules for open banking -
CFPB finalizes new registry to track 'corporate repeat offenders'
- Sep 9-10, 2024|San Diego, CA
Six years after Pres. Trump signed Dodd-Frank reform, the Consumer Financial Protection Bureau issued rules bringing these loans under Truth-in-Lending.
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Specialized Loan Servicing, now Shellpoint, allegedly failed to send post-bankruptcy consumers monthly statements on dormant second mortgages, the suit claims.
December 5 -
Rocket argues it was unfairly tied to discrimination accusations, arguing the government aimed for "headline-grabbing claims" to bolster its case.
December 5 -
Underwriting methods have been steadily shifting to traditional full documentation, which accounts for 13.3% in the VERUS 2024-9, KBRA said, its largest share since VERUS 2024-6.
December 5 -
Mortgage trade groups have vowed to reintroduce the trigger leads bill next year.
December 4 -
Paul Atkins, a noted critic of the Consumer Financial Protection Bureau, will join the Financial Stability Oversight Council, where he will play a role in shaping housing policy.
December 4
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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Valverde, who has a wide range of experience in capital markets and housing finance, will join the government-sponsored enterprise's single-family unit.
December 6 -
This is the second short-sale fraud case to make headlines in recent weeks, following the conviction of a New York businessman in November.
December 6 -
The average cost for a loan seller to buy back a mortgage from Fannie Mae or Freddie Mac for defects is over $32,000, a study from Reggora and Stratmor found.
December 6 -
The influence of expected policy changes from President-elect Trump will have on real estate next year could be mitigated by economic factors, Realtor.com said.
December 5 -
Economic forecasts include the possibility of higher inflation and slower growth that could stall future cuts to the federal fund rates.
December 5