The Consumer Financial Protection Bureau issued a bulletin to the mortgage industry Thursday concerning marketing services agreements, finding these agreements undermine consumer protection against kickbacks.
Read More »Fannie Mae & Freddie Mac Offers Informal Grace Period to Industry
Fannie Mae and Freddie Mac are offering lenders and servicers an informal hold harmless grace period for the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosure Rule.
Read More »House Passes TRID Grace Period Bill
The House of Representatives voted Wednesday to pass a bipartisan bill (303-121) that will provide a hold harmless grace period for the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosure Rule, which went into effect October 3.
Read More »Moving Out of the Comfort Zone to Build a New Bottom Line
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. This piece features John Vella, chief revenue officer of Altisource Portfolio Solutions, discussing how the residential property market is recovering–but at the same time, it’s experiencing a shrinking pool of the refinancing and distressed opportunities.
Read More »Consumer Confidence in Housing Market Edges Up
Consumer confidence in the housing market rose in September nearly to its record high, driven mostly by positive sellers' attitudes and home price strength.
Read More »Auction.com Hires New SVP of Commercial Real Estate Finance
Auction.com, a leading national online real estate marketplace headquartered in Irvine, California, has announced the hiring of Sharmila Patel as SVP of commercial real estate finance and operations.
Read More »Stewart Unveils Refined Brand to Support Strategic Growth Initiatives
Stewart Information Services Corp., recently announced the launch of a refined brand to support the company’s strategic growth plans and efforts to communicate its focus on operating in the true spirit of partnership.
Read More »Bipartisan Group Believes GSE Reform Not Happening Soon
Fannie Mae and Freddie Mac were placed into conservatorship seven years ago, and questions still linger as to how and when to reform the GSEs.
Read More »Home Price Declines Less Risky, Except In Oil-Dependent States
The average risk of home price declines over the next two years rests at the low level of 6 percent, except for states that are highly dependent on oil production.
Read More »Home Prices Rise Nearly 7 Percent in August Amid Favorable Market Conditions
Employment gains, wage growth, and continued low mortgage rates are pushing home prices up both year-over-year and month-over-month.
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