Since the close of the financial crisis, Germany's largest bank has faced several settlements related to violations of U.S. sanctions, rigging of interest-rate benchmarks, and allegations that it defrauded mortgage issuers Fannie Mae and Freddie Mac.
Read More »Did the CFPB Make a TRID Error?
After months of back-and-forth between delays and grace period conversations, the Consumer Financial Protection Bureau finally launched the TILA-RESPA Integrated Disclosure rule nearly four months ago. But were there mistakes and confusing wording in the 1,888-page regulation that went overlooked?
Read More »Global DMS’ Global Kinex Integrates with FHA’s EAD Portal
Global DMS recently announced that it has officially integrated its Global Kinex application with the Federal Housing Administration’s (FHA) new Electronic Appraisal Delivery (EAD) portal.
Read More »3 Ways Alternative Data Offers Mortgage Lenders a Competitive Edge
As new credit populations emerge in the housing market and competition among lenders heats up, other data avenues must be considered to accommodate new borrowers.
Read More »Homeowners, Appraisers Closer to Seeing Eye-to-Eye
History has shown that homeowners typically value their homes at a higher price point than appraisers, but as the housing market evolves, these opinions are inching closer to reaching a point of equilibrium.
Read More »Homebuilders Cite Labor as Top Challenge in Housing Market
Though homebuilding hiring has increased, the number of unfilled jobs in the overall construction sector is growing and homebuilders can't seem to shake one particular worry looking ahead in 2016.
Read More »PennyMac’s Q4 Net Income Led by Loan Servicing
PennyMac Financial Services, Inc., recently reported higher fourth quarter profits, led by their loan servicing department.
Read More »President Obama’s Final Budget Plan: Strengthen the Economy
President Barack Obama had much to reflect on prior to unveiling his final budget plan for Fiscal Year 2017, but one theme remained consistent in every part of his speech to Congress and the U.S. today—economic strength is the key to America's future.
Read More »Affordability Concerns Constraining Homeownership
Although rents continue to rise at a rapid pace, many Americans are still shying away from the real estate market due to down payment and credit score troubles.
Read More »President Obama Speaks on Housing, Finally
Housing policy has been overlooked many times by the Obama Administration. During President Barack Obama's last State of the Union address in January, he did not mention one housing-related topic at all, but his FY 2017 budget will make a substantial investment toward housing.
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