Independent mortgage and housing professionals will convene today to discuss some of the most burdensome regulatory and compliance issues
An industry association has argued against the disproportionate impact of the 3% cap on brokers, saying brokers fulfill the function of doing loans banks can't
Industry figures have blasted the 3% points and fees cap, while supporting legislation that would amend the way the cap is calculated
Contradictory rules have made mortgage lending a "minefield" for bankers, threatening the housing recovery, it has been claimed.
In a communication obtained exclusively by MPA, it has been revealed that the CFPB will not budge on QM or the 3% rule, and anticipates broker backlash
The Fed chair yesterday indicated that the Reserve could ease off the gas for its bond buying program. How should you be preparing?