The jury is still out on whether new regulations are slowing down mortgage lending. It could just be the weather.
Purchase mortgages are down 15% from MBA forecasts, but this winter's inclement weather is at least partly to blame.
This Opinion piece looks at meeting the internal demands created by serving a growing HELOC and second lien market.
CFPB Director reassures Realtors credit unions can still make mortgage loans that don't conform to the bureau's qualified mortgage rule, which took effect Jan. 10.
Regulator also encouraged NAR members to spread awareness of CFPB's online complaint database.
"We have a working coast, not second or vacation homes," state insurance commissioner says.
House hearing brings out opposing viewpoints over rates said to jump as high as 3,000%.
National Flood Insurance Program unaffected by shutdown as rate hikes kick in.
Charter Oak Federal Credit Union, Groton, Conn., has named Todd Cooke its new mortgage officer. Cooke has more than a decade’s worth of experience in the real estate industry. Cooke is the fourth mortgage officer on Charter Oak’s residential lending team. Cooke is a member of the National Association of...
Sens. Mark Warner (D-Va.) and Bob Corker (R-Tenn.) introduced legislation June 26 that would reform America’s housing finance system by replacing the government-sponsored enterprises Fannie Mae and Freddie Mac with a privately capitalized system.