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New CFPB head must equalize rules for bank and nonbank originators

National Mortgage
Mortgage Finance
5 years ago

The Community Home Lenders Association greeted newly-confirmed Consumer Financial Protection Bureau Director Rohit Gupta by asking him to equalize licensing,.. Read More;

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Colorado to charge nonbank mortgage servicers annual fee under new law

National Mortgage
Mortgage Finance
5 years ago

A new Colorado law will require nonbank mortgage servicers to sign up with the administrator of the state’s Uniform Consumer,.. Read More;

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Loan on land under troubled Times Square hotel pitched for sale

National Mortgage
Mortgage Finance
5 years ago

A $150 million loan is up for sale on the land beneath the beleaguered Times Square Edition, a luxury hotel,.. Read More;

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Blog: Don't take your eye off the ball with product transfers

Mortgage Finance Gazette
Mortgage Finance
5 years ago

We all know this last year or so has been one that none of us foresaw, but how we’ve responded as an industry has been,.. Read More;

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Employees want diverse leadership, but change is slow

National Mortgage
Mortgage Finance
5 years ago

While businesses continue to talk about the need for greater diversity, equity and inclusion within their companies, diversity consultant Jina,.. Read More;

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Bluestone relaunches Help to Buy range

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The products are available at up to 75% LTV on a five-year fix, with rates starting from 4.50%. There are,.. Read More;

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Nationwide is second lender to sign up to Deposit Unlock scheme

Mortgage Finance Gazette
Mortgage Finance
5 years ago

It joins Newcastle Building Society, which has already joined the initiative developed by housebuilders, lenders and insurers. From today, Nationwide will,.. Read More;

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Why Managing Inflation Today Is Such a Sticky Wicket | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
5 years ago

Last week we learned that US inflationary pressures continued to rise in August. The US headline consumer price index (CPI) fell,.. Read More;

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FHFA considers fee cuts, Senate confirms Rohit Chopra as CFPB chief, plus more of the week's news

National Mortgage
Mortgage Finance
5 years ago

Also, forbearances fall below 3%, Incenter offers Ginnie Mae MSRs and Democrats introduce a 20-year mortgage option.,.. Read More;

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FHA tightens certain eligibility criteria for mortgage lenders

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Administration has added to its list of “unacceptable assets,” items which can’t be included in calculations used,.. Read More;

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Forbearances down nearly 200K in a month as huge drop-off approaches

National Mortgage
Mortgage Finance
5 years ago

Although over 1.5 million forborne borrowers remain, a fifth could exit their plans by next week, according to Black Knight.Loans,.. Read More;

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UWM, PennyMac raise Fannie/Freddie limits ahead of schedule

National Mortgage
Mortgage Finance
5 years ago

Third party mortgage originators United Wholesale Mortgage and PennyMac are jumping the gun and raising their conforming loan limit ahead,.. Read More;

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