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Daily Dose

Mortgage Lending: An Innovative Space

Citizens

Eric J. Schuppenhauer, President of Home Mortgage at Citizens Bank gives his insights into the cyclical nature of the industry, innovation in a higher rate environment, and why it’s important to be passionate about your work. Editor’s Note: This feature originally appeared in the July issue of MReport.

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Making a Case for Disaster Preparedness

How can the mortgage servicing industry work together to be better prepared for when a disaster strikes? The Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers on Wednesday tried to answer this question. Here are some key takeaways from the event.

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Housing Supply vs. Home Sales

Persistently low inventory is defining this year’s housing market and contributing to slower sales, especially in the western region of the country, a report found. But here’s the silver lining for homeowners and sellers.

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House Bill Amends Truth in Lending Act

The House Financial Services Committee today passed a bill amending the Truth in Lending Act that clarifies points and fees in connection with a mortgage loan. Here are the details of the bill.

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‘Will Help Ensure a Stable U.S. Housing Market’

At a hearing to consider his nomination as President of Ginnie Mae, Michael Bright, told the Senate Banking Committee that he would continue to work on modernizing the agency and ensuring the security of the loans it oversees to ensure better security price and lower rates for borrowers.

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The Preparation Before the Storm

According to the National Oceanic and Atmospheric Administration (NOAA), Hurricanes Harvey, Irma, and Maria caused an approximated $265 billion in damages, impacting the U.S mainland and territories. Three ...

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Fintech for Financial Inclusion

Watch this video to learn how the inclusion of transaction account data in credit assessments can broaden financial inclusion, which ultimately benefits both, the mortgage borrower and the lender.

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