The bank has already seen its total book of loans shrink by $3 billion in the last quarter
A fund will also focus on preschools in underserved communities
Borrowers in the suit claim a subprime servicer, previously owned by the bank, kept charging monthly late fees even after their mortgages went into default.
Say goodbye to the era of low rates as they are expected to increase next year, according to the association's five top housing predictions for 2015. The report also showed first-time home buyers are expected to re-emerge in the new year after mostly staying out of the market in the aftermath of the housing crisis
The population of MLOs in the state is on the rise. Does the increase signal a booming industry or a crowded one?
The big bank has decided to give its bankers a greater portion of their bonuses up front after years of deferring.
Too many in the industry are resisting the organization and assuming that, if they push back hard enough, it will go away. But let this be your wake up call — the CFPB is here to stay.
Last week we discussed the legal considerations, now we'll take a look at the value of marketing agreements between mortgage professionals and agents.