Recognizing the “operational challenges” the industry is experiencing with TRID, Cordray said in a letter that the Bureau is considering making some “adjustments” in the regulation text to provide greater certainty and clarity.
Read More »Changing the Credit Game With Personalized Counseling
Tailored credit report and score counseling services are an effective way to reach consumers and improve their credit score, which can ultimately help them obtain a mortgage.
Read More »The Reemergence of Loan Defects
For awhile, loan defects had settled down in the mortgage industry, but they appear to be making their way back into the market due to heightened risk from government loans.
Read More »Are Racial Disparities Hindering Housing Reform?
What can be done to close the economic gaps between races and reform the housing finance system in America? Marc Morial, President and CEO of the National Urban League and former the Mayor of New Orleans may have an answer.
Read More »This Year’s Housing Forecast Looks a Lot Like 2006
Inconsistencies in the economy during the first quarter have not dampened Freddie Mac’s forecast for housing for the coming year. Freddie Mac has held fast to its prediction that 2016 will be the best year for housing since before the crisis. Why is the outlook for housing so rosy?
Read More »OCC to Banks: Don’t Let Technology Come Between Us
The Office of the Comptroller of the Currency has had a clear message as of late: Technology is not always helpful.
Read More »Is Something Amiss in the Reverse Mortgage Industry?
Why has an advocacy group asked HUD to impose a moratorium on reverse mortgage foreclosures?
Read More »A2Z Field Services Celebrates Milestone
The month of April 2016 was a cause for celebration at A2Z Field Services.
Read More »Ocwen Hit by Another Wave of Losses
The tough first quarter for Ocwen suggests an ongoing trend for non-bank mortgage servicers—even though they have a much larger share of the mortgage market than they did just four years ago, they are having difficulty profiting.
Read More »10 Markets Primed for First-time Buyers
Affordable monthly mortgage payments, positive home values, and competition are attracting first-time homebuyers to these 10 markets.
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