Terrence Laughlin, 63, had been a trustee of the Urban Institute since 2015 and was vice-chairman at Bank of America.
Read More »Tackling the Challenges of a Competitive Lending Environment
As the lending environment gets more competitive, how can mortgage lenders adjust their underwriting standards to attract more borrowers and investors towards alternative solutions to conventional loans?
Read More »How A Technical Glitch at Wells Fargo Led to Foreclosures
A computer error at the bank led to hundreds of accidental foreclosures, according to the company's quarterly filings. Here's how the bank plans to compensate the affected customers.
Read More »Why Wells Fargo Agreed to Pay a $2B Penalty
On Wednesday, Wells Fargo agreed to pay a fine of more than $2 billion for allegedly misrepresenting the quality of loans used in Residential Mortgage Backed Securities. Here's why the bank agreed to pay this amount in a settlement with the Department of Justice.
Read More »ARMCO Appoints Nick Volpe as CSO
At ARMCO, Volpe is charged with expanding the adoption of ACES Audit Technology across financial enterprises and shepherding new solutions to market.
Read More »Ellie Mae Introduces Two New Applications on Encompass
The two new products will add to the suite of Ellie Mae's existing Encompass platform applications.
Read More »International Home Shoppers and U.S. Metros
Money from housing investors around the world continues to zero in on one particular U.S. region. But there's plenty of interest on the other side of the country too.
Read More »Mortgage Lending in a Gig Economy
As the gig economy grows, a Fannie Mae survey asked lenders their views on using gig economy income in the mortgage underwriting process and here’s what it found.
Read More »5 Pros and Pitfalls Investors Face When Jumping Into Residential Real Estate
Residential real estate continues to be one of the most stable and attractive investments today; however, investors new to the field could benefit from understanding the pitfalls, as well as the pros. Editor’s Note: This select print feature originally appeared in the January issue of MReport, available now.
Read More »Mitigating the Risks of Inefficient Servicing
he first in a three-part series of reports examines the importance of the mortgage industry to the overall health of the housing market and makes a case for policy reforms in this sector, in the light of the housing finance reform legislation that’s once again in the works in Congress.
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