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 »HMDA Data: Loans to Low-Income Borrowers Rose in 2017
A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.
Read More »Wolters Kluwer Releases HMDA Data
The release shows lending practices in the aggregate as well as by individual institutions, allowing viewers market insights that are ahead of the federal government’s aggregate data report.
Read More »Ellie Mae Releases New Update to Mortgage Management Solution
The main updates for 17.4 Ellie Mae’s all-in-one mortgage management software can be found inside.
Read More »History Might Not Repeat Itself
An Insights Blog by Molly Boesel, Principal Economist at CoreLogic, analyzed mortgage origination data from 2016 to discover if the past might repeat itself in 2017.
Read More »Lender Poll: Regulation a Top Priority
A recent survey of mortgage professionals shows that a majority are ready for regulation changes to the Home Mortgage Disclosure Act. Most of those polled believe requirements for collecting, analyzing and reporting data, coupled with a lack of resources to manage the mortgage data, contributes to the rising cost of loans. Nearly a quarter share President Trump’s sentiment that policy changes to the mortgage industry would be beneficial to the lending market.
Read More »MERSCORP To Offer LEI Registrations Later This Year
MERSCORP Holdings, Inc., announced this week it will support the Consumer Financial Protection Bureau’s updated Home Mortgage Disclosure Act requirements by facilitating legal entity identifier (LEI) registrations and renewals for users of MERS System and other industry participants.
Read More »The Road Ahead
With an uncertain regulatory environment, new data requirements, and promising technological opportunities all intersecting, mortgage originators face a winding road as they navigate through 2017.
Read More »CFPB: TRID, HMDA, and Servicing Rules Updates
In a recent report to Congress, the Consumer Financial Protection Bureau highlighted the steps it has taken to assist the industry with transitions for TRID as well as the updates to the Home Mortgage Disclosure Act and the new mortgage servicing rules.
Read More »Loan Approval Rates Show Wide Disparity
Despite improvements in mortgage access for borrowers over the last few years, the latest federally released data from the Home Mortgage Disclosure Act has done nothing to reverse an unfortunate fact.
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