A new proposal would force big bank execs to be accountable for shady conduct by their institutions, eliminating the excuse that they didn’t know about crime or fraud within the company
Freddie Mac has announced refinements to its Loan Advisor Suite it says will cut mortgage origination costs
With so many buyers coming off the sidelines in the past 18 months, it’s no wonder there are still shortages of inventory in many Cities in the U.S. Not too mention, hedge funds like Blackstone buying 1,500 homes in one shot like they did in Atlanta recently. Such activity can really limit inventory and drive up prices.
The Consumer Financial Protection Bureau’s recent decision not to amend loan origination compensation calculation for brokers gives them “one less reason to be a broker,” an industry executive has said
The lender-placed insurance (LPI) market has been under fire over allegations of conflicts of interest and inappropriate business practices among some major mortgage lenders, servicers and insurance providers
A major U.S. mortgage insurer has filed for chapter 11 bankruptcy
A national lender has expanded its footprint with the acquisition of an online platform
The rise of technology has put more control than ever in the hands of consumers. But how much of the mortgage application process do consumers really want to control?