Lenders Catch A Break: CFPB Won’t Enforce TRID Right Away
The Consumer Financial Protection Bureau (CFPB) has reportedly agreed to delay enforcement of its new TILA-RESPA Integrated Disclosures rules that take effect on...
Former JPMorgan Chase Banker To Serve Six Months For Taking Bribes
Former JPMorgan Chase banker Lynda Sanabria will serve six months in prison followed by six months of home confinement for accepting hundreds of...
Provident Funding To Pay $9 Million To Settle Allegations Of Discriminatory Mortgage Pricing
Mortgage originator Provident Funding Associates will pay about $9 million in penalties for allegedly charging higher broker fees on loans to African-American and...
LenderLive Acquires Walz Group
LenderLive, an end-to-end mortgage services provider based in Denver, has completed its acquisition of Temecula, Calif.-based Walz Group LLC (WALTZ), a provider of...
ISGN’s Settlement Services And Vendor Management Platform Now TRID-Ready
Mortgage technology provider ISGN Corp. reports that it has updated its Gators settlement services and vendor management platform with the features and capabilities...
RealtyTrac: Origination Volume Dropped 6% In Q1
About 1,551,865 loans were originated on single-family homes and condos in the first quarter - a decrease of 6% compared with the fourth...
Credit Plus Hires Colleen Knapp As Senior Vice President
Colleen Knapp has been hired by Credit Plus Inc., a Salisbury, Md.-based provider of credit information, as senior vice president and national product...
WFG National Title Promotes Roger Blauvelt To Oversee National Agent Group
Roger Blauvelt has been named senior vice president of WFG National Title Insurance Co., a Williston Financial Group company that provides title insurance...
Simplifile Adds New Services To Aid With TRID Compliance
E-recording service provider Simplifile has launched two new services to its online platform, Collaboration and Post Closing, that will help lenders comply with...
LRES Appoints Ken Shepardson Vice President Of Finance, Controller
Ken Shepardson has been hired as the new vice president of finance/controller at Orange County, Calif.-based LRES, a national provider of commercial and...
NAR: April Pending Home Sales Highest In Nine Years
Low inventory of homes for sale has made it a seller's market in many areas of the country - and as home prices...
RealtyTrac: Flippers Saw Higher Profits In Q1
The average gross profit on flipping a house increased to a new high of $72,450 in the first quarter - up from $65,290...
Mortgage Network Opens New Branch In Tampa
Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., reports that it has opened a new branch in...
eLynx Has Solution To Help Lenders Comply With TRID
One of the biggest challenges presented by the Consumer Financial Protection Bureau's (CFPB) new TILA-RESPA Integrated Disclosures (TRID) rule is the timely exchange...
MBA: Mortgage Application Volume Fell 1.6% As Rates Edged Up
Mortgage application volume decreased 1.6% on an adjusted basis during the week ended May 22, compared to the previous week, according to the...
Associated Bank To Pay $200M To Settle Redlining Allegations
Associated Bank NA will pay approximately $200 million to resolve allegations brought by the U.S. Department of Housing and Urban Development (HUD) that...
U.S. Home Prices Continued To Rebound In March
U.S. home prices increased 0.8% on average nationwide in March compared to February and were up 4.1% compared to March 2014, according to...
New Home Sales Increased 6.8% In April
Sales of new single-family homes in April were at a seasonally adjusted annual rate of 517,000 units, an increase of 6.8% compared with...
Auction.com Predicts Existing-Home Sales Will Rise 2.9% In May
Existing-home sales for the month of May will be at an annualized rate of about 5.18 million - up 2.9% from April and...
MCS Valuations Adds Rebecca English As Assistant Vice President, Operations
Rebecca English has joined the operations team at MCS Valuations LLC (MCSV), a nationwide provider of appraisals, broker price opinions and other valuation-related...