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Subservicers OCC settlement could shift business, affect capacity

National Mortgage
Mortgage Finance
4 years ago

The recent placement of regulatory constraints on one subservicer could redistribute some of its business, and that’s a mixed blessing,.. Read More;

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Mortgage fraud risk spikes amid rise in purchase loan share

National Mortgage
Mortgage Finance
4 years ago

Transaction fraud risk that is specific to purchase mortgage applications increased 34.2% year-over-year in the second quarter, a result of,.. Read More;

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TransUnion to expand identity services through Sontiq acquisition

National Mortgage
Mortgage Finance
4 years ago

TransUnion says it will strengthen its multichannel digital identity verification solutions with the addition of Sontiq, which provides software to,.. Read More;

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Mortgage volume ekes out small weekly gain

National Mortgage
Mortgage Finance
4 years ago

An increase in purchase applications contributed to an uptick in mortgage volume last week, even as interest rates hit their,.. Read More;

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FHFA proposes new disclosure requirements for Fannie and Freddie

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Federal Housing Finance Agency is proposing public disclosure requirements for Fannie Mae and Freddie Mac that would,.. Read More;

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Investment allowance to be extended as corporation tax raised

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It was initially scheduled to end in December of this year. Sunak confirmed that the bank surcharge will be cut. The chancellor,.. Read More;

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Budget confirms brownfield development and cladding removal fund

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Specifically, chancellor Rishi Sunak said that £24bn will be earmarked for housing, with £1.8bn being spent on bringing 1,500 hectares,.. Read More;

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Pricey lumber is back boosted by supply cuts, labor shortage

National Mortgage
Mortgage Finance
4 years ago

High lumber prices are back, even as the industry steps into what is normally a seasonal lull.Prices are climbing amid,.. Read More;

post

Mortgage applications among seniors more likely to be rejected

National Mortgage
Mortgage Finance
4 years ago

Mortgage applications among those 65 and older are denied at higher rates than younger groups, and increasing debt is driving,.. Read More;

post

HooYu launches re-usable digital identity system

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Identity credentials are encrypted and stored on the user’s smartphone, with HooYu unable to access this data. This can then be,.. Read More;

post

CFPBs new leader is putting big tech on notice

National Mortgage
Mortgage Finance
4 years ago

Consumer Financial Protection Bureau Director Rohit Chopra is laying the groundwork for regulatory oversight of the largest technology companies as,.. Read More;

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Technology spend does little to lower loan fulfillment costs: Stratmor

National Mortgage
Mortgage Finance
4 years ago

The automation mortgage lenders are investing in isn’t necessarily paying off in lower fulfillment expenses or higher profitability, according to,.. Read More;

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