News

Although they figure prominently on most people’s amenity list, U.S. homebuyers will put the brakes on some “must-have” features if it means securing a home in a desirable school district, according to a report. Here’s what they’re willing to forego.

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.

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.

It’s almost impossible to start any trend article on mortgage lending without recognizing a recent statistic that has far-reaching implications for the mortgage industry. $8,957. That’s the cost ...

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.

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.

Decisions regarding the credit score model used by Fannie Mae and Freddie Mac have been delayed by the Federal Housing Finance Agency (FHFA) after it was announced that the ...

Houston-based InterLinc Mortgage Services has announced that Gene F. Thompson III, who has served as President since 2010, will now serve as COO of the company. A 20-year ...

Burlingame, California-based ComplianceEase, a provider of automated compliance solutions to the financial services industry, and Tavant announced today that ComplianceEase’s ComplianceAnalyzer, 4506xpress™, and LicenseManager™ solutions are now integrated ...

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.