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Redlining Risks – Quantify Your Exposure

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

1 year ago

Rental Income – What are the Common Red Flags?

Rental income can be a valuable asset for mortgage applicants looking to meet income requirements, but it also presents unique…

1 year ago

Where are Mortgage Rates Actually Headed ?

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

1 year ago

AI And Fair Lending – Eliminate Regulatory Risks

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

1 year ago

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

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

1 year ago

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

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

1 year ago

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

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

1 year ago

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

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

1 year ago

Beware of Appraisal Bias Risks in Your Originations

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

1 year ago

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

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

1 year ago