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CFPB sues Freedom Mortgage for 'widespread errors' in home loan data

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau filed a federal lawsuit Tuesday against Freedom Mortgage Corp., one of the largest nonbank mortgage,.. Read More;

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CFPB clamps down on 'excessive' account information fees

National Mortgage
Mortgage Finance
2 years ago

  Rohit Chopra, director of the Consumer Financial Protection Bureau, said large banks "have mostly abandoned relationship banking, and,.. Read More;

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Hometown Lenders slashes headcount, transitions to broker model

National Mortgage
Mortgage Finance
2 years ago

Hometown Lenders' CEO announced a headcount reduction Friday and said that it will transition from a retail shop to a,.. Read More;

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FHFA nears target date for final rule on capital framework

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency may soon deliver another capital rule update to a mortgage industry that's juggling other ongoing,.. Read More;

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MBA, NAHB and NAR urge Fed to project calm around rates

National Mortgage
Mortgage Finance
2 years ago

The housing market's leading trade groups are pleading with the Federal Reserve to publicly project calm to help stabilize "painful,.. Read More;

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Higher rates may be loosening credit conditions, MBA says

National Mortgage
Mortgage Finance
2 years ago

Higher mortgage rates in September led lenders to loosen credit conditions, although trends are still historically tight, the Mortgage Bankers,.. Read More;

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How mortgage firms stack up on diversity, equity and inclusion

National Mortgage
Mortgage Finance
2 years ago

Mortgage employees have a more positive impression about their company's diversity, equity and inclusion efforts than workers in other verticals,,.. Read More;

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Treasury yields fall after comments from Federal Reserve

National Mortgage
Mortgage Finance
2 years ago

Stocks rose as Treasury yields fell after comments from Federal Reserve officials bolstered speculation the central bank is heading toward,.. Read More;

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What one executive did about the homeownership gap and hiring

National Mortgage
Mortgage Finance
2 years ago

Patty Arvielo, co-founder and CEO of New American Funding, is so closely associated with promoting the inclusion of two racial,.. Read More;

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Fed's Barr frames capital reform as final chapter of Dodd-Frank

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve vice chair for supervision Michael Barr said Monday that recent capital proposals are critical to completing the work,.. Read More;

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Could this insurance help mortgage lenders manage buybacks?

National Mortgage
Mortgage Finance
2 years ago

Loan repurchases have been particularly expensive this year for lenders that resolve them by reselling the mortgages in the scratch-and-dent,.. Read More;

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Not having a House Speaker is threatening these areas

National Mortgage
Mortgage Finance
2 years ago

Work in Congress has ground to a halt as Republicans search for a new speaker, threatening Ukraine aid and delaying,.. Read More;

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