Fintech startup LenderClose, which provides digital platforms to transform the lending process, has announced the addition of Benjamin Dinkins as Sales Executive to its growing team of industry experts. Dinkins will focus ...
Read More »500 Days: A Housing Industry Snapshot
Which rules and regulations have impacted the housing industry since the Trump administration came to power in January 2017? Click through to learn the impact of this administration’s legislation and nominations on the industry.
Read More »President Trump: “This is an Important Piece of Legislation”
Watch what the President had to say about The Economic Growth, Regulatory Relief and Consumer Protection Act, passed by the House on Tuesday, becoming a law. The Bill aims at providing relief to small banks and credit unions from certain regulations under the Dodd-Frank Act.
Read More »Less Regulation Won’t Mean Reduced Compliance Work for Lenders
A report quantifying the incremental burden of financial institutions to keep up with regulation changes, revealed historically low regulatory activities in Q12018. Here’s what that means for mortgage lenders.
Read More »A New Terrain: How Technology’s Shifting the Industry
The buzzwords in the mortgage industry are changing as technology plays an increasingly important role in providing lenders with an edge over the competition. We look at what’s changed and how the industry’s adapting for a fintech future. Editor's Note: This feature originally appeared in the April issue of MReport.
Read More »Production Profits, Volumes Drop at Independent Mortgage Lenders
Despite a record-high first mortgage loan balance, independent mortgage banks and mortgage subsidiaries weathered falling production profits and production volumes in 2017.
Read More »House Passes Bills to Strengthen Lending Accountability
Two bipartisan financial services bills aimed at reducing the regulations for banks and increasing the responsibility for designation of nonbanks are now headed for the Senate. How do these bills impact the industry?
Read More »Treasury Looks to Simplify the Community Reinvestment Act for Banks
The Treasury recently gave recommendations on regulatory and administrative changes to the CRA. Click through to learn more about how these changes could affect mortgage lending.
Read More »SunTrust Bank is No. 1 in HELOC Borrower Satisfaction
Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of ...
Read More »Smaller Banks Better at Reinvesting in Communities, Says Survey
The Community Reinvestment Act (CRA) is headed for changes by The Treasury and will relook at reinvestments of banks towards supporting community needs through initiatives such as fair ...
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