The new platform promises to cut down mortgage processing from application to underwriting to a matter of days instead of weeks.
Read More »CFPB: Tackling PACE Financing Rules
The consumer watchdog is seeking public comment to facilitate the required rulemaking for residential Property Assessed Clean Energy financing. Here’s how the new rule could affect lending for PACE.
Read More »Balancing Risk and Profitability
How can lenders walk the tightrope between maintaining profitability and writing high-quality loans? Here’s what Adam Thorpe, CEO, Castle & Cooke Mortgage, told MReport. Editor’s note: This feature originally appeared in the March issue of MReport, out now.
Read More »HUD Reaffirms Commitment Towards Hurricane Maria Recovery
By approving the disbursement of $8.2 billion towards the island’s recovery, HUD is helping Puerto Rico get back on its feet. But the new grant comes with a caveat.
Read More »Why They Buy: A Look at First-Time Homebuyers
A new report looks at how the changing trends of the housing market have impacted the decisions of first-time buyers and the factors that will drive their purchases moving forward.
Read More »Why Do Millennials Have Homebuyers’ Remorse?
They might have taken the final plunge and bought that home, but here’s what a report revealed about why many young homeowners are living with regret about their purchase.
Read More »How the Fed Will Review BB&T, SunTrust Merger
Fed Chair Jerome Powell outlined the steps that the Fed will take to ensure a “thorough and transparent” review of the recent merger during his testimony before the House Financial Services Committee.
Read More »The Wolf Firm Expands Operations
The firm has opened offices in the Northwest region and made new appointments to head the region. Here are the details.
Read More »HUD Adds $652M to Texas Disaster Recovery Grant
These are the areas where the additional $652 million approved by HUD will be used for the state’s recovery from Hurricane Harvey.
Read More »Powell: “Financial Conditions Now Less Supportive of Growth”
Here’s what Fed Chair Jerome Powell had to share on the economy and housing during the Fed’s semi-annual monetary policy report to the Congress.
Read More »