Reduced demand for refinances adversely impacted the company's mortgage business
The recent ramp-up in construction failed to match demand
The combined state of the struggling economy and the intense regulatory environment bring quite a few challenges to the industry. But the upside is this: originators are working harder than ever to take advantage of the opportunities that they have
The reverse mortgage market is lucrative, growing, and finding ways to help seniors when nothing else can. So why are some traditional originators wary of adding reverse mortgages to their product mix? MPA sat down with six reverse mortgage experts to talk about growing the industry, attracting new talent and tapping into a market of 10 million homeowners
When the Department of Housing and Urban Development first announced the reverse mortgage program back in 1989, Jeffrey Taylor knew he had to jump at the opportunity
Stocks took a major hit yesterday, and MBS saw little improvement. This and more in today's rate snapshot
Attorney General Eric Holder, criticized during his tenure for failing to go after big financial players for their roles in the 2008 meltdown, has spent the last year making up for lost time in an effort to hold banks accountable for their role in the financial crisis
Although proposed changes to the Fair Credit Reporting Act might mean well, they could undermine the credit-reporting process and cause big problems for lenders