K.C. Mayor Kay Barnes Lauds Local Lenders and Fannie Mae

Oct 12, 2001

Myers Internet Earns RecognitionMortgagePress.comMyers Internet Inc., Silicon Valley Business Journal Myers Internet Inc. announced that the Silicon Valley Business Journal has named its company as one of the fastest-growing in Silicon Valley. The Myers network of Web sites processes more than 100 online mortgage applications per hour during normal business hours. Myers Internet Inc., headquartered in San Jose, Calif., provides Internet infrastructure to the mortgage industry. For more information, visit www.myersinternet.com or call (800) MYERS-70.

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National Mortgage Professional

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Oct 12, 2001

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....