CFPB's Cordray Puts Servicers on Notice Ahead of New Rules

CFPB's Cordray Puts Servicers on Notice Ahead of New Rules

Noting the investments some mortgage servicers are making to improve operations, CFPB Director Richard Cordray said technology deficiencies and
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NAMB Applauds GSEs for Upcoming Changes

NAMB—The Association of Mortgage Professionals has applauded recent announcements made by both Fannie Mae and Freddie Mac in regards to
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Mortgage Bankers Raise Refi Outlook Over $250 Bil

Mortgage bankers have lifted their estimate of overall originations from last year through 2018 by more than $300 billion — including an over $250
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Lending Club Debuts Auto Refinance Product

Young woman opening the curtains at sunrise Lending Club will now offer auto loan refinancing, the company announced today. The product will first
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MidEast Shares Mixed, Saudi Arabia Gains With Help From Banking Stocks and Firm Crude Prices

Middle East stocks were mixed, with Saudi Arabia boosted by banking stocks and a rise in crude oil prices while Egypt continued to wobble on worries
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Prepared remarks of Richard Cordray Director of the Consumer Financial Protection Bureau at …

Over the past five years, the Consumer Financial Protection Bureau and the Mortgage Bankers Association have each been working in our own ways
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What will Heathrow expansion plans mean for flight path house prices?

House prices near Heathrow Airport will be 'blighted' following the Government's backing of the third runway, experts have warned. They claimed
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US home mortgages will surpass $1 trillion in 2017: MBA

On the other hand, the MBA forecast a steep 40 percent drop in mortgage refinancing next year to $529 billion as the Federal Reserve raises interest
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3 Ways the Cost of Your Mortgage Can Go Up Before You Close

Getting a mortgage can be a costly endeavor from the onset. You've got to worry about getting together a down payment, securing an affordable
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Asset Campus Housing Expands into Canadian Student Housing Market as New Manager of …

HOUSTON, TX–(Marketwired – Oct 25, 2016) – Asset Campus Housing's extensive experience — both domestically and internationally — has helped it
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Foreclosed Loans Are at a Nine-Year Low: Black Knight

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services' September First Look
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NSW land tax plan to reboot market in home affordability push

A key state has opened the door to a radical tax overhaul to ease the cost of new housing, raising the prospect of scaling back onerous stamp duties
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Centric Bank CEO Patti Husic named to national banking board

The Harrisburg area has a new local voice on the American Bankers Association's board of directors. Patti Husic, president and CEO of Centric
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Lending Club Launches New Loan Product to Restore Profitability

Despite a mountain of pressure facing Lending Club (NYSE: LC)'s revenues and profitability in recent quarters, the online marketplace reversed
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Bank of America Newsroom

Consumer Banking Executives Announce Leading-Edge Developments in Mobile. Banking, ATMs and Payments at Industry Event. Bank of America
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Ellie Mae Launches Encompass Lending Platform

Ellie Mae, a provider of software solutions for the residential mortgage industry, has announced the launch of its Ellie Mae's Encompass Lending
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First Interstate curbing energy lending, reports $25.2 million profit

Officials at First Interstate Bank said Tuesday they're continuing to hold back lending to the struggling energy sector to limit exposure and remain
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Webcam mortgage advice for deaf bank customers

A Netherlands bank recently created this for its webcam advice services, beginning with mortgage information.
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Case Shiller: Chicago Home Prices Record Another Record Gain

The good news is that low home inventories are finally starting to have a significant impact on Chicago home prices as we would expect.
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RE/MAX getting into the mortgage business; launches Motto Mortgage

While most the biggest names in mortgage lending are focused on the Mortgage Bankers Association's annual conference, taking place right now in
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