Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Lenders in today's market often face compliance challenges that bring the Consumer Financial Protection Bureau to their door with a huge fine. Mary Beth Doyle, founder of LoyaltyExpress examines these compliance issues and advises lenders on an effective way to avoid regulatory repercussions.
Read More »Mortgage Rates Hold Steady Amid Mixed Jobs Report
In the midst of last week’s mixed job’s report and the upcoming Federal Open Market Committee meeting next week, mortgage rates remained largely unchanged for the week ending September 10, 2015.
Read More »New Home Purchase Applications Decline in August
Mortgage applications for new home purchases fell in August, as the homebuying season comes to a close, according to Builder Application Survey data for August 2015 from the Mortgage Bankers Association released Thursday.
Read More »Construction Jobs Aplenty Among Slow Hiring
The number of job openings in construction overall remained stable in July, though hiring in the home construction sector slowed that same month, according the latest figures from the Bureau of Labor Statistics and the National Association of Home Builders.
Read More »Senior Housing Demand Soars, But so do Chances of Oversupply
As the baby boomer generation edges closer to retirement age, housing demand for seniors is expected to increase, but could too much of a good thing mean oversupply?
Read More »Ginnie Mae Updates Issuer Business Status Requirements
Ginnie Mae has released an update to its issuer business status requirements that will help issuers that are going through ownership and organizational changes.
Read More »Homebuyers Offered More Financial Options From Stock Market Volatility
The recent stock market fluctuations and seasonal trend changes may have homebuyers perplexed, but there is a silver lining, according to Realtor.com's First Look report for August 2015.
Read More »Countdown to TRID–The Final Implementation Checklist
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. This advisory piece features Tim Anderson, director of eServices for DocMagic, Inc., providing a final checklist to ensure mortgage lenders and servicers are fully prepared for TRID and avoid costly fines.
Read More »Walter Investment to Pay $29 Million to Resolve Reverse Mortgage Claims Allegations
Walter Investment Management Corp., has agreed to pay $29.63 million to resolve allegations that the company and its subsidiaries submitted false reverse mortgage loan claims, the Justice Department announced on Friday.
Read More »The MReport Webcast: Friday 9/4/2015
The number of federally insured credit unions dropped in the second quarter, but the National Credit Union Administration reported Thursday that total loan growth was positive. According to ...
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