Greystone Residential Funding Inc. allies with PCLender.com

Nov 02, 2006

Pinnacle Financial creates nationwide emerging markets divisionMortgagePress.comEmerging mortgage markets Pinnacle Financial Corporation has created a nationwide emerging markets division, to help U.S. immigrants and ethnic minorities, including the nation's 43 million Hispanics, achieve the American dream of homeownership. In addition, the company has appointed Mariano Claudio executive vice president of emerging markets, to lead this new division. Pinnacle Financial Corporation is a mortgage lender, based in Orlando, Fla. For more information, call (800) 421-5626 or visit www.pinnaclefinancial.com.

About the author

National Mortgage Professional

Link copied

Published

Nov 02, 2006

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....