Ellie Mae Publishing FHA Handbooks
Handbooks that are being implemented by the Federal Housing Administration will be published by Ellie Mae Inc.
Over-Regulation a Big Concern for MBA Chief
Attendees at a secondary mortgage market conference were told by the head of the Mortgage Bankers Association that regulation is holding back housing.
Government Objects to Quicken Home Town Court Venue
The U.S. government is objecting to Quicken Loans Inc.'s attempt to establish the court venue in a legal wrangling between the Department of Justice and the online lender.
TRID Could Stall Some Bank Mortgage Products
More than a fifth of bankers recently surveyed indicated that they will back away from certain mortgage products if their vendors' systems aren't prepared for the integrated disclosure deadline.
Complaint Accuses Fannie of Discrimination
A complaint filed against the Federal National Mortgage Association by multiple fair housing groups accuses the government-controlled enterprise of discrimination.
CFPB Director Discusses TRID
The chief of the Consumer Financial Protection Bureau told real estate agents and broker to be prepared for the upcoming implementation of integrated disclosures.
Avoid Discrimination on Section 8 Applicants
Mortgage firms are being advised about how to avoid charges of discrimination by recipients of public housing assistance-- providing an opportunity to avoid missteps of the past.
Residential Loan Demand Rises, Requirements Ease
Banks reported an increase in demand for a number of home lending products over the past three months. At the same time, several financial institutions have relaxed standards.
Mortgage Lenders Defend Non-Compliance Claims
A rare award of punitive damages against a lender, an appeals win by a widow fighting foreclosure and allegations of shoddy underwriting on government loans are among some of the actions in mortgage compliance litigation.