With its revenue depressed as other banks boom, Wells Fargo plans to reduce staff by thousands
With the non-QM space booming, originators need to educate themselves about the products – or be prepared to lose business to their competitors
The head of the U.S. Senate Judiciary Committee is pushing federal officials to uncloak documents surrounding a 2012 decision to divert all of the mortgage finance giants’ earnings to the Treasury.
Home buying makes financial sense but renters struggle to make the move… Paramount CEO sells hotel home for $22.5 million… Lawyer advises homebuyers to arrange title insurance…
Lack of information and confusion surrounding the new TRID forms are all among the housing industry’s biggest critiques of the regulator’s new “Your Home Loan Toolkit.”
Recently, FICO announced a new score system that is designed for those that are “unscoreable," but what is the likelihood banks will overhaul FICO's traditional scoring models for a new one?
The year saw record origination volumes from life insurance companies and the GSEs, and the second highest level on record for banks.
As the regulatory environment becomes increasingly more volatile, organizations have had to place an increasingly greater emphasis on compliance. And, many are using compliance management systems to ensure they are following regulations.