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CFPB warnings of bias in AI could spook lenders

National Mortgage
Mortgage Finance
5 years ago

Rohit Chopra has seized on nearly every public opportunity as director of the Consumer Financial Protection Bureau to admonish companies,.. Read More;

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Guide to buying mortgage portfolios - part 3

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Litigation transfers The need to enable the transfer of ongoing litigation following a portfolio acquisition is firmly established. However, it is,.. Read More;

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Masthaven announces exit; mortgage book up for sale

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The lender has confirmed that it will sell its mortgage book through a tender process, expected to conclude this year. The,.. Read More;

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House prices start year 11.2% higher, Nationwide report shows

Mortgage Finance Gazette
Mortgage Finance
5 years ago

In December 2021, the lender recorded 10% growth. On a monthly basis, the lender’s report shows that house prices increased by 0.8%,.. Read More;

post

Flagstar soliciting mortgage fintechs for third accelerator program

National Mortgage
Mortgage Finance
5 years ago

Flagstar Bank in Troy, Michigan, is now accepting applications for the third class in its MortgageTech Accelerator program.Fintechs in all,.. Read More;

post

Trade groups call for expansion of draft FHA servicing defect taxonomy

National Mortgage
Mortgage Finance
5 years ago

The Housing Policy Council and two trade associations like the direction the Federal Housing Administration is heading with its draft,.. Read More;

post

Homebuilder stocks erase almost $30 billion in value in cold January

National Mortgage
Mortgage Finance
5 years ago

A new home being built by CastleRock Communities in Kyle, Texas, U.S., on Wednesday, Nov. 10, 2021. Austin is at,.. Read More;

post

Analyzing FHFAs affordable multifamily housing goals

National Mortgage
Mortgage Finance
5 years ago

In accordance with the Housing and Economic Recovery Act of 2008, the Federal Housing Finance Agency periodically establishes affordable housing,.. Read More;

post

Its time to rethink the mission of the Federal Home Loan Bank system

National Mortgage
Mortgage Finance
5 years ago

Below is an open letter to Sandra L. Thompson, President Biden’s nominee for Director of the Federal Housing Finance Agency.Dear,.. Read More;

post

Feds tightening plan upends outlook for Treasurys bond sales

National Mortgage
Mortgage Finance
5 years ago

The Federal Reserve’s shift toward a major reduction of its footprint in the U.S. bond market this year has upended,.. Read More;

post

Bankruptcy scam sends Florida paralegal to prison

National Mortgage
Mortgage Finance
5 years ago

A Florida paralegal will spend 15 months in federal prison for his role in a scheme to file false bankruptcy,.. Read More;

post

New chair of practitioner panel for FCA

Mortgage Finance Gazette
Mortgage Finance
5 years ago

James is chief excecutive of Direct Line Group and has been a member of the FCA’s practitioner panel since September,.. Read More;

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