CFPB Looks At Diversity
The Consumer Financial Protection Bureau (CFPB) released a report outlining the Bureau’s strategies and efforts to promote diversity and inclusion within the mortgage industry. The report is a readout of [...]
Industry Leaders to Discuss Diversity, Inclusion
The second annual Five Star Diversity Symposium will be a day-long event focused on advancing the conversation on diversity within the mortgage industry featuring keynote addresses from diversity leaders, roundtable [...]
Freddie Portfolio Grows, Delinquency Rates Down
Freddie Mac’s total mortgage portfolio grew 4.8 percent from March 2016 to March 2017, according to recent data. The GSE has handled $98 billion in purchase and refinance loans this [...]
State Regulators Sue OCC Over Fintech Charter
When the Office of the Comptroller of the Currency (OCC) released an update to its Licensing Manual, which allows for FinTech companies to receive bank charter, the decision was met [...]
Treasury Announces Corporate Tax Cuts
On Wednesday afternoon, Treasury Secretary Steven Mnuchin released a tax reform plan which could have a significant impact on the mortgage industry and the financial industry as a whole. In [...]
Ocwen Files Motions Against CFPB
Ocwen has filed three motions against the CFPB in hopes of speeding up a Circuit Court of Appeals decision on the Bureau's constitutionality. The motions arrive on the back of [...]
LoanCare Appoints New CIO
As of March 27, Jeff Bell has assumed the role of Chief Information Officer at LoanCare. Most recently, Bell was a partner with Crystal Shores Consulting where he worked with [...]
Price Index Up in February
Home prices continued their steady climb in February. A new report shows prices up over January as well as last year. But this period of sustained growth only happened once [...]
Four States Face Serious Appraisal Problems
Appraisal problems are rampant across the country, with appraiser shortages, delays on reports, and other issues. Four states, in particular, are facing appraisal issues in droves. One industry organization is [...]