The top three mistakes most originators make while networking

Nov 09, 2006

Impac Mortgage Holdings enhances iMAP market analysis platformMortgagePress.comMortgage market analysis Impac Mortgage Holdings Inc. has announced several enhancements to iMAP, its Web-based market research tool for correspondent lenders and brokers. Among these enhancements, Impac has added 20 percent more market data, enabling users to analyze a target market by credit grade, occupancy status and product type (prime, alt-A or sub-prime). In addition, the upgrades enable users to sort state and metro areas by their individual Impac Risk Index score, as well as by their overall ranking, and include improved graphical interfaces. Impac Mortgage Holdings Inc. is a real estate investment trust, based in Newport Beach, Calif. For more information, call (800) 597-4101 or visit www.impaccompanies.com.

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Nov 09, 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....