Fintech startup LenderClose, which provides digital platforms to transform the lending process, has announced the addition of Benjamin Dinkins as Sales Executive to its growing team of industry experts. Dinkins will focus ...
Read More »Scrutinizing Reforms at CFPB
Here’s what the Financial Services Committee said during a hearing to discuss CFPB’s Acting Director Mick Mulvaney’s recommendations to promote greater transparency at the Bureau as well as other reforms at CFPB.
Read More »Credit Unions Tighten Mortgage Lending Standards
A new report examines lending standards among credit unions finding that while they are tightening standards overall, some loan categories have seen looser lending requirements . . .
Read More »TRID Causing Widespread Closing Delays Among Credit Unions
While most everyone knew the TILA-RESPA Integrated Disclosure regulations would result in delays, not many expected those delays to be so sweeping.
Read More »Credit Unions Urge CFPB to Reduce HMDA Regulatory Burden
The revamped rule appears to be weighing heavy on the minds of many in the mortgage industry as is brings about several new data point requirements that must be fulfilled by lenders.
Read More »Credit Unions Hold Largest Share of Mortgage Originations
Credit unions' market share of mortgage originations are experiencing a growth spurt in comparison to other financial institutions. TransUnion research released Tuesday found that credit unions' share of all mortgage originations has increased from 7 percent in Q1 2013 to 11 percent in Q1 2015.
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