New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.
Regulation and Compliance
With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.
Who pays when compliance costs increase? Borrowers.
The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.
The overall occurrence rate for these violations has gone down, Fannie Mae reports.
ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."
The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.
Menu of borrowers to grow with new scoring system
Inflation must hit its 2% goal for Fed to reduce rates.
Latest changes arrive at an already disruptive time in the mortgage industry