CFPB Penalizes Three Reverse Mortgage Lenders

CFPB Penalizes Three Reverse Mortgage Lenders

money The reverse mortgage industry took a hit on Wednesday when three national companies that originate home equity conversion mortgages
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More trouble for Wells Fargo as bank reportedly fails fair lending requirement

The dark clouds surrounding Wells Fargo are about to get a lot darker, as the bank, which is already in hot water over its recent fake account scandal,
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Free Fall in Mortgage Applications Stalls

Mortgage applications were mostly flat last week, slowing down what has been a sharp drop lately. Total mortgage applications, including for
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Cherry Hill Mortgage Investment Corp (NYSE:CHMI) stock price target raised to $20.00, issued a …

Cherry Hill Mortgage Investment Corp has recorded a 50-day average of … Hill Mortgage Investment Corporation is a residential real estate finance
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LaSandra Cleaves, Commercial Banking Paralender Receives Regions

Regions Bank announced Wednesday that LaSandra Cleaves, a Commercial Banking paralender in Memphis, Tenn., is the December 2016 recipient
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Consumer Lending Assistant

Wintrust Bank is recruiting for a Lending Assistant to support our Consumer Lending Team. The lending assistant is responsible for underwriting and
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Chicago bank becomes top Wisconsin SBA lender with acquisition

Ridgestone Bank was a top SBA lender and in 2015, it said it was No. 1 in Wisconsin for SBA loan volume. Its acquisition by Byline now makes the
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Direct lending not in competition with banks, says direct lender

The leveraged finance market should not view direct lending as competition but instead as a complimentary funding source, said a direct lending
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Q1 2017 EPS Estimates for Iberiabank Corp. (IBKC) Cut by FIG Partners

The company reported $1.08 earnings per share (EPS) for the quarter, …. Lenders Title Company, an Arkansas-chartered title insurance and closing
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China's Banks Are Hiding More Than $2 Trillion in Loans

In 2014, the Chinese city of Haimen on the mouth of the Yangtze River set out to build a large apartment complex and turned to Bank of Nanjing Co.
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Exclusive: US regulator set to fail Wells Fargo on community lending tes…

WASHINGTON A U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending, sources familiar with the decision said
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Jefferies Says Banks Still Have Room to Run: 4 Top Picks to Buy Now

One industry that exploded out of the gate after the Donald Trump victory was the banks stocks, especially the big boys. The question on the minds of
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Exclusive: US regulator set to fail Wells Fargo on fair lending test – s…

A man walks by a bank machine at the Wells Fargo & Co. bank in downtown Denver, Colorado, U.S. April 13, 2016. REUTERS/Rick Wilking/File Photo
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More Amendments To The Civil Code To Foster Lending

The Hungarian Parliament recently adopted a significant amendment package to the Civil Code. The main body of the amendment entered into force
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Soaring House Prices Could Mean A New Kind Of Aristocracy: Economists

But some housing experts see a problem in this trend, if it continues for much longer. “The risk is that, if nothing is done to pull house prices back down
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Hotel in Dallas' Galleria area sold to Florida investor

… the Galleria was purchased by a partnership between Florida-based Driftwood Hospitality Management LLC and an institutional real estate investor.
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Metro Toledo home sales jump

The Toledo-area housing heated up in November, with median sales prices rising 14 percent over last year. According to figures released today by the
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Mortgage Apps Take Slight Tumble

The Market Composite Index, a measure of mortgage loan application volume, decreased 0.7 percent on a seasonally adjusted basis from one week
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Apartments kicking off in $1.5 billion Frisco Station

Hillwood is building Frisco Station in partnership with Van Trust Real Estate and the Rudman Partnership. The first 228,000-square-foot office building
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Independent Mortgage Banks Report Net Gains

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,773 on each loan they originated in Q3 of 2016,
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