Wells Fargo Reaches Settlement in Robocall Case
Wells Fargo & Co.'s banking subsidiary has agreed to settle allegations that it violated federal law on telephone calls made in connection with home loans.
Regions Bank Settles False Claims Act Allegations
Regions Financial Corp.'s banking subsidiary has settled allegations that it approved government-insured mortgages that didn't meet underwriting guidelines.
Mid America to Acquire Delinquent FHA Mortgages
Mid America Mortgage Inc. has revealed plans to begin acquiring delinquent loans that are insured by the Federal Housing Administration.
Mortgage Mad Men
Advertising and marketing for the home-lending industry has gone digital and promises to help mortgage sales people adhere to new regulations.
Mobile Mortgage Advancements
Financial institutions and home lenders are continuing to improve their mobile technology for the benefit of both employees and customers.
Refis, Compliance Help Reduce Mortgage App Risk
As refinance share has widened and mortgage compliance has been bolstered, the level of risk on new mortgage applications has subsided.
Complaints Improve More for Mortgages Than Overall
Although there has been no reduction from a year ago in overall financial services complaints, the mortgage industry has made an improvement.
LOS Updates, Enhancements Announced
Three origination channels will benefit from recent loan origination system updates, as will reverse mortgage originators and home-equity lenders. Other LOS changes will enhance compliance.
Nearly 70 Mortgage Events Scheduled Through October
From August through October, there are nearly 70 mortgage-related events on the calendar -- including a servicing conference, a technology event and regulatory workshops.
Proposed Guidance for 3rd-Party Lending at Banks
Stakeholders will now have more time to comment on proposed guidance for third-party lending at the nation's financial institutions.