News

  • David Lykken: When technology fails: The importance of staying nimble by MPA

    The recent failure of Ellie Mae's Encompass software left many mortgage providers unable to process loans. What were providers to do? Industry veteran David Lykken talks about the importance of staying nimble when technology fails

  • Hamptons house sets foreclosure record by Ryan Smith

    A home in New York's Hamptons is scheduled for foreclosure auction. More than $10.5 million is owed on the 8,100-square-foot mansion -- a record for the area

  • Johnson-Crapo bill, thought dead, is back on agenda by Ryan Smith

    The chairman of the Senate Banking Committee has scheduled a hearing to further consider a bill that would wind down Fannie and Freddie. But with key Democrats withdrawing their support, is he just grasping at straws?

  • Rate snapshot: Interest rates edging higher, stocks open stronger by MPA

    Interest rates were up this morning with stocks opening better and no serious turmoil in Ukraine over the last few days. And the recent bullishness and decline in rates is stalling now. All this and more in today's rate snapshot

  • Fannie, Freddie replacement stalled in Senate by Ryan Smith

    A plan to wind down Fannie Mae and Freddie Mac appears unlikely to reach the Senate floor now that several key Democrats, including Sen. Elizabeth Warren, have withdrawn their support

  • Cash sales hit new high by MPA

    All-cash sales reached a new high in the first quarter even as the share of institutional investor purchases sank to its lowest level since 2012

Poll

Should CFPB have more supervision over credit agencies?