The lawsuit accuses the bank of intentionally steering minority borrowers into high-cost loans
An investigation found that more than 500 homeowners were victimized under the scheme
Carrington was recently able to promote its strategy of serving underserved borrowers -- those with FICO scores below 640 -- in a segment on the television show 'Designing Spaces'
The CFPB has fined Atlanta-based Amerisave $19.8 million for allegedly luring customers in with misleading rates
Many technologies offer free services to draw people into purchasing their premium services. Is there a way for our industry to do the same?
The head of a banking industry group says that mortgage brokers are part of a 'shadow banking industry' that isn't well-regulated. He also claims that it's 'bad news' when borrowers go to 'these types of financial providers.' What do you think?
Stock markets were down this morning, and job openings increased to 4.67 million in May. This and more in today's rate snapshot
Most lenders don't adequately pursue self-sourcing to achieve successful results; those that do, however, are richly rewarded