News

Sierra Pacific to pay $3.7 million for FHA violations by Ryan Smith
The government accused the mortgage company of falsely certifying loans for the FHA insurance program
Moody’s predicts rise in mortgage delinquencies by Candyd Mendoza
Loosening underwriting standards may cause trouble

Independent Settlement Services to add automated valuation model offering by Francis Monfort
The model allows lenders to shorten closing times and minimize origination costs
Money Source hires mortgage industry marketer in growth drive by Francis Monfort
Barbara Yolles joins the company from United Shore Financial Services
Wells Fargo puts yet another mark on its scandal scorecard by Ryan Smith
The largest US mortgage lender is reportedly being investigated by the CFPB for yet another scandal

Refinance volume sees quarterly decrease by Francis Monfort
HARP refinances made up 3% of all refinancing activity during the second quarter
Consumer confidence hits year-to-date high by Francis Monfort
A positive outlook for the general economy drove the increase
California lawmakers to tackle housing package by Francis Monfort
Bills that reform regulations and fund low-income housing are on the table

Should CFPB have more supervision over credit agencies?

Yes
No
Undecided