When service members come home, they deserve to have a place to call home. Industry leaders have come together to form a council providing support to veteran’s assistance programs addressing the struggles behind this fight. Editor’s Note: This feature originally appeared in the August issue of MReport.
Read More »Opting for Optimization in Mortgage Lending
Fintech innovations have the potential to transform and streamline business processes for lenders. But first, they have to embrace them. Editor's Note: This article originally appeared in the August issue of MReport, out now.
Read More »The Drivers of Greater Mortgage Risk
Mortgage risk rose across all loans, led by the FHA and GSE purchase indices, according to a report. Here are some of the factors that are driving greater risk in borrowing.
Read More »Millennials Face Tough Choices This Home Buying Season
Financial obstacles and a tight housing market are making it hard for millennials to purchase a home, according to a study. What are they willing to trade-off for a roof?
Read More »What’s Keeping Manufactured Housing In the Shadows?
A recent study of the manufactured housing sector by the Urban Institute has pointed to three main reasons—restrictive zoning, unavailable finance, and lower appreciation—that are keeping the manufactured ...
Read More »Frank Pallotta Appointed to Indisoft’s Advisory Board
Maryland-headquartered technology development firm, Indisoft has announced the appointment of Frank Pallotta to its advisory board. An established leader in the mortgage industry, Pallotta also brings a wealth ...
Read More »Fintech Fast Tracks Mortgages
A recent study is examining how advances in technology are making it easier for more people to have access to financial resources.
Read More »Industry Reacts to Senate Vote on CFPB Arbitration Rule
On Tuesday evening, the debate around the Consumer Financial Protection Bureau’s final arbitration rule came to a head when the Senate voted to repeal it. See the reactions here to the razor-thin vote here . . .
Read More »Jury Finds Nomura Trader Guilty of Conspiracy
A former executive at Nomura, a financial holding company based in Japan, was found guilty of conspiracy on Thursday by a Connecticut jury. The defendant, Michael Gramins, allegedly added secret commission fees onto mortgage-backed security transactions he handled between 2009 and 2013, according to the verdict. Gramins wasn’t the only party involved—though he was the single person charged. The state’s case also named Nomura’s Ross Shapiro and Tyler Peters in the suit, which alleges the three defendants illegally added to their profit margins when handling RMBS transactions for their employer.
Read More »Non-Prime Lending – Rosen, Anchor Financial News Network/CEO Pitbull Conference
Leonard Rosen was a news anchor on the Financial News Network in the 80's. Mr. Rosen also hosted the Leonard Rosen show which appeared nationally. Mr. Rosen is ...
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