• Fixed rates fall on weak GDP estimates by MPA

    Fixed rates fell slightly this week while adjustable rates edged up, according to data released by Freddie Mac

  • Senators urge crackdown on reverse mortgages by Ryan Smith

    Two Senate Democrats are urging the Department of Housing and Urban Development to crack down on reverse mortgage servicers for what they say are abuses. But the head of an industry group says the problem is most likely not with lenders and servicers, but with a vagary of the law

  • Rate snapshot: 220K jobs created in April by MPA

    Job creation was a little better than expected in April, but a feeble GDP report quelled market reaction

  • Stearns partners with nonprofit to aid homeless by Ryan Smith

    Stearns Lending, the country’s No. 1 wholesale residential lender by volume, is providing funding to HomeAid America, an organization that builds and renovates housing projects for temporarily homeless families and individuals

  • Home ownership hits 19-year low by Ryan Smith

    Home ownership has fallen to its lowest level in nearly two decades as rising prices and mortgage rates strangle demand

  • BOA forks over $111 million for servicing error by Ryan Smith

    One of the nation's largest lenders is forking out a hefty sum after cutting balances on home loans more than allowed under a recent settlement


Is TILA-RESPA a good or bad thing long term?