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Mortgage companies selling loans to the government-sponsored enterprise will be able to use the information for one type of employment check as well as to validate income and assets.
May 27 -
The $146 million deal could indicate that volume in the asset class has gotten large enough to support programmatic activity in the pricey housing market.
October 12 -
The pandemic, a refinancing boom and intensified appraiser shortage boosted appraisal alternatives in line with the rise in remote work. Now an overheating purchase market and policymaker scrutiny are shifting priorities.
September 13 -
The government bond insurer allowed lenders to become “eIssuers” a little over a year ago, and the move contributed to a large surge in electronic notes this year.
September 7 -
The expanded credit access in its automated mortgage decisioning goes into effect in mid September.
August 11 -
The potential amendments could expand coverage but also add new record-keeping and systems requirements for large banks handling custodial accounts.
July 27 -
The mortgage real estate investment trust has been a first-mover regarding innovations in the private securitized market, and others tend to follow its lead.
April 19 -
The Consumer Financial Protection Bureau’s acting director has said he could rethink the pending Fair Debt Collection Practices Act rules, but a report released Monday indicated they’re moving ahead for the time being.
March 22 -
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The expansion of borrower data collected in the new URLA upends an industry standard and lenders are experiencing some growing pains.
March 3