Sixty-five House Democrats expressed strong support for the CFPB's proposed rule to prohibit the use of forced arbitration in consumer contracts in the form of a letter to CFPB Director Richard Cordray on Wednesday,
Read More »Keeping Brick-and-Mortar Banks Relevant
So how does a brick-and-mortar bank stay relevant and competitive in this always in flux industry? Kevin Gillen, SVP, Mortgage at TD Bank, fills us in. This select print feature originally appeared in the August 2016 issue of MReport magazine.
Read More »Reports of Housing Bubble Risk May Be Exaggerated
When examining the likelihood of a housing bubble in certain potentially risky markets, one study found that those markets may not be at risk of a bubble after all.
Read More »Nationstar Finds Positives Despite Q2 Net Loss
The first quarter this year was not kind to non-bank mortgage servicers, earnings-wise. In the last couple of weeks, the industry has seen that the second quarter has not been so great, either.
Read More »PlainsCapital Bank Appoints EVP of National Warehouse Lending
Dallas, Texas-based PlainsCapital Bank has announced the appointment of Deric Barnett as Executive Vice President of the bank’s National Warehouse Lending Division.
Read More »Millennials are the Key to Credit Union Growth
A new study has found that they will likely be the key driver and the target market for sustained loan growth at credit unions—and a main driver of that growth has been mortgages.
Read More »Course of Nature Might Put Homes Literally Underwater
Will rising sea levels put half of the homes in 300 U.S. cities literally underwater by the start of the next century?
Read More »Forecast Calls for Continued Price Appreciation
The rate at which home prices have appreciated over the last year is not expected to slow down over the next year.
Read More »Half & Half: Couples Splitting Mortgage Downpayments
Close to half of all home purchases were done with equally shared money, according to a new report.
Read More »Is Freddie Mac Back or is the Q2 Profit a Mirage?
Depending on what number Freddie Mac's Q2 net income is compared to, it’s either a significant gain or a sign of further financial trouble for the GSE.
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