Back in April, President Trump said he wanted to give Dodd-Frank a “major haircut.” His budget proposal would go even further with the CFPB
40 million immigrants added $3.7 trillion to the US housing market in 2012
As the mortgage industry continues to grapple with ever-changing regulations, training and education has become even more of a vital component when choosing which wholesaler to use – and surprisingly few manage to get top marks for this.
Our "Lenders Wanted” section connects originators with lenders who can fund tough-to-finance loans.
The housing market continues its slow trend toward historical norms, while analysts wait in anticipation for the release of the latest Fed's meeting minutes. Any strong hints that the Fed may change course at December’s meeting could push rates upward.
Should a second mortgage on an underwater home be voided during bankruptcy if the home’s value has dropped below the first mortgage’s balance?
One more global economic giant is sliding, but does it matter here in the U.S,? Doesn’t look like it; investors and traders ignoring it as is the situation with the U.S. equity markets.
Guidelines between what is considered to be a brokered transaction and a secondary market transaction under the model is vague. Here’s what mini-correspondents can do to avoid subjecting their transactions to further scrutiny.