The Federal Reserve voted on the federal funds rate once again this week. But did the Board of Governors vote as expected?
Read More »Kevin Stitt of Gateway Mortgage Group to Enter Race for Oklahoma Governor
A long-standing member of the mortgage industry could be making the jump into politics if all goes according to plan. Kevin Stitt, Founder of CEO of Gateway Mortgage Group, which was founded in 2000, spoke of his intention to run for the Governorship of Oklahoma in 2018.
Read More »Do Americans Really Support the CFPB?
Though a recent poll shows overwhelming support for both the Dodd-Frank Act and the CFPB, one expert thinks the results may be skewed. How accurate is the poll really?
Read More »Reexamining Flaws
A House committee has passed legislation that could impact HUD—and rural communities—in a big way. Read on to learn more.
Read More »It’s All in the Details
Arbitration can be looked at in two ways when it comes to the Consumer Financial Protection Bureau’s (CFPB) recent rule. In the way the CFPB looks at it, they are helping the consumer, but many Senators think differently. See what they’re saying and what they’re doing about it here.
Read More »Previous Ginnie Mae President to Join PennyMac Board
PennyMac Financial Services, Inc., a specialty financial services firm, announced Thursday that August 1, 2017 former President of the Government National Mortgage Association (Ginnie Mae), Theodore W. Tozer, will join its Board of Directors.
Read More »Mortgage Industry Reacts: NMSA Vacant and Abandoned Property Procedures
A report recently released by the National Mortgage Servicing Association detailed their proposed policies to standardize procedures, definitions, and best practices in vacant and abandoned homes. As the industry reacts, one statement encompasses the feeling many have on the subject: it’s about time.
Read More »NMSA Welcomes Additional Wells Fargo Representation
An industry veteran recently joined the ranks of the National Mortgage Servicing Association bringing expertise to help improve and sustain homeownership. Read on to see the details of the addition.
Read More »CFPB Increasing Thresholds
The CFPB has proposed changes to reporting regarding HELOCs and it will majorly affect certain banks and credit unions. Read on to see what could be adjusted.
Read More »Diversity: The Thing Homeowners All Have in Common
The Federal Housing Finance Agency has finalized four amendments to its Minority and Women Inclusion regulations. What do the amendments mean for GSEs and federal banks?
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