Technology Coming to Loan Applications
Using AI and rules engine, PerfectLO assists borrowers in completion of the loan application and then builds a smart checklist for them. Secondary and tertiary level questions that do not [...]
CFPB Updates on Dodd-Frank, Qualified Mortgage Patch
The Bureau is publishing its Spring 2019 Agenda, including updates on the future of the Dodd-Frank Act as well as Fannie Mae and Freddie Mac. The post CFPB Updates on [...]
Britain’s Barclays Returning to U.S. Mortgage-Backed Securities Market
A decade after bonds tied to U.S. home loans contributed to the financial crisis, British investment bank and financial services company Barclays is returning to the residential mortgage-backed securities market, [...]
Where Housing Affordability Is Improving
While metropolitan areas are often the most rent-burdened and unaffordable, a recent study takes a look at where affordability has improved while the rest of the U.S. has fallen behind. [...]
The Growth of Real Estate Investment Trusts
As the government's role in the mortgage market shrinks, find out how real estate investment trusts are filling the hole left behind. The post The Growth of Real Estate Investment [...]
JPMorgan’s Jamie Dimon on Wells Fargo’s CEO Search
With Wells Fargo continuing to search for its next CEO, find out what prompted Dimon to criticize the bank's succession plan. The post JPMorgan’s Jamie Dimon on Wells Fargo’s CEO [...]
Industry Reacts: Home Price Appreciation Is Slowing
With the latest S&P CoreLogic Case-Shiller Index data providing a snapshot of appreciation trends, here’s what economists and experts have to say about the future of the housing market. The [...]
Update in Case Regarding Alleged Price-Rigging of GSE Bonds
A new report claims that lawyers accusing several Wall Street banks of rigging the price of Fannie Mae and Freddie Mac bonds have a "cooperator" who is providing “smoking gun [...]
Tornadoes Destroy Homes, Communities in Ohio
According to a recent report, some of Ohio’s largest metros are among the most tornado-prone areas in the nation. Here are the details of the storms that swept the region [...]