Rising rates and increased competition are shrinking profit margins. Still, lenders are more optimistic about the economy than they’ve been in years
The CFPB is proposing a regulatory amendment that would give lenders more leeway in collecting certain demographic information about borrowers
Experience does not always translate into the right employee. The person also must be the right person and the right "fit" for the position, as well as for the company. Here's the third part to last week's question on whether to employ young professionals or seasoned mortgage professionals.
When industry commentators develop their forecasts, they often look at the direction the interest rates are currently heading and assume they are going to continue heading in that direction. But that isn't necessarily the case...
The CFO of the large bank said it plans to eliminate 60 U.S. branches early this year with the majority of those in California.
The California housing market appears to have a bright future ahead of it as sellers’ expectations are moving more in line with buyers’ expectations.
Many homeowners in the bottom third of markets are emerging from negative equity and are finally in a position to sell, just in time for millennials to enter the housing market in greater numbers in 2015.
Home buyers who want to put down less than 20% for jumbo GSE-backed mortgages will have higher interest rates.