Redlining Risks – Quantify Your Exposure

1 year ago

In recent years, the issue of redlining has garnered increased scrutiny as regulatory bodies like the Consumer Financial Protection Bureau…

How Should Mortgage Lenders Respond When Disaster Strikes?

1 year ago

Natural disasters—from hurricanes and wildfires to floods and earthquakes—pose serious challenges for mortgage lenders, borrowers, and the housing market as…

AI And Fair Lending – Eliminate Regulatory Risks

1 year ago

As artificial intelligence (AI) becomes more prevalent in the mortgage lending industry, it brings a wealth of potential for innovation,…

Where are Mortgage Rates Actually Headed ?

1 year ago

The mortgage market has been a whirlwind of uncertainty lately, with rates fluctuating in response to evolving economic conditions. Mortgage…

New Rules Ahead: Navigating Risks with Fannie Mae and Freddie Mac’s Lending Crackdown

1 year ago

As Fannie Mae and Freddie Mac prepare to tighten lending regulations, commercial real estate (CRE) lenders are bracing for significant…

CFPB Fines NewDay USA $2.25 Million for Misleading Veterans on Refinance Loans

1 year ago

The Consumer Financial Protection Bureau (CFPB) has taken action against mortgage lender NewDay USA, ordering it to pay $2.25 million…

CFPB Cracks Down: Protecting Borrowers from Contract-for-Deed Pitfalls!

1 year ago

In a significant step toward protecting low-income borrowers from predatory lending practices, the Consumer Financial Protection Bureau (CFPB) has issued…

“Don’t Gamble with Fair Lending: Know the Risks!”

1 year ago

In a recent development highlighted by the National Mortgage Professional, new fair lending guidelines have introduced important changes that mortgage…

The Silver Lining of Falling Mortgage Rates: A Golden Opportunity for the Industry

1 year ago

As mortgage interest rates continue to decline, the mortgage industry stands at a pivotal moment. This downward trend in rates…

Beware of Appraisal Bias Risks in Your Originations

1 year ago

The U.S. Department of Housing and Urban Development (HUD) recently charged Rocket Mortgage, along with appraiser Maksym Mykhailyna, Maverick Appraisal…