The most common reason for discrepancies in closing estimates was that some of the amounts had been changed or revised prior to closing. See the top five closing costs that most surprised homebuyers . . .
Read More »New Solution to Helping Credit-Poor Consumers Proposed
According to the CFPB 26 million Americans are considered invisible to credit agencies. Today, the agency asked for public feedback on utilizing alternative data to evaluate creditworthiness.
Read More »Clearing the Path to TRID Compliance
The introduction of the TILA/RESPA Integrated Disclosure (TRID) shifted the dynamic of the mortgage industry and despite consumer sentiment, has made a significant impact on the borrowing experience.
Read More »OrangeGrid Hires New Executives
Due to OrangeGrid's significant growth, the company announced the hiring of four new executives.
Read More »Yellen on Dodd-Frank and Interest Rates
At Tuesday's meeting with the Senate Committee on Banking, Housing, and Urban Affairs, Federal Reserve Chair Janet L. Yellin discussed the current economy, increasing job growth, interest rates and the uncertain future of Dodd-Frank.
Read More »West Coast Leading the Charge in Sellers’ Market
See the cities that are leading the sellers market, and when experts predict the market will change to one that favors buyers.
Read More »Saving Property Values: Clearboarding vs. Plywood
According to a white paper released on Monday, vacant or abandoned homes lose $70,000 of their value, but using clearboarding instead of plywood to secure residencies is helping to mitigate losses.
Read More »CFPB Fights for Autonomy Amidst Uncertain Future
A soon-to-be proposed bill would convert the head of the watchdog agency into a political appointee who could be dismissed at any time.
Read More »JPMorgan to Pay $797.5 million to Lehman
The banking giant has agreed to pay a hefty fine in order to end all legal issues emanating from the 2008 financial crisis.
Read More »Putting Off Home Purchases
A survey indicated that 2016 was perceived as a poor time to buy a home. What were the factors that contributed to this mentality?
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