Goldman Sachs’ $5 billion and Wells Fargo’s $1.2 billion settlements of mortgage wrongdoing would be grounds for giggling if it were not all so painful. Goldman has — at last — this week settled with the Department of Justice for securitizing bad loans from 2005-2007, and Wells for lousy underwriting of FHA loans from 2001-2008.
The CFPB aims to make TRID implementation easier through webinar series
Opinion
Take it as an opportunity tell consumers about how the industry has evolved
It should be about peoplework
Most luxury sales are situated along State Road A1A
Asset-backed securities and loan servicing contracts aren't liquid
Despite initial struggles, the lending industry and consumers are finally accepting the new regulation
In our country, there will be 62 million people over the age of 60 by 2024
Advice from a mortgage professional to real estate agents
San Francisco millennials paid the most for their mortgages
Deposits necessary to purchase a home are being diverted into hacker accounts, leaving buyers high and dry
What Frodo and the gang can teach us about getting through tough times
Although the TILA-RESPA Integrated Disclosure rule was created to make the homebuying process simpler and easier, a ClosingCorp survey suggests that experienced buyers are encountering ‘unexpected costs, fees and surprises’
VRM Mortgage Services brings together industry leaders to develop solutions for common operational issues in mortgage, real estate and default management markets
Total mortgage balances grew in Q4'15 for first time in 9 years
After a precipitous January drop, mortgage rates are now increasing once more