Advanced Search

April 8, 2014

Rep. Hensarling Says Mortgage Banker Forced Out of Business Because of Compliance Costs and Complexity

By Thomas Ressler

Committee Chairman Jeb Hensarling, R-TX, cited a letter from a mortgage banking constituent who said his company is being forced out of the residential lending business because of the cost and complexity of regulatory compliance.

Read the full article when you register for your FREE IMFnews account.

Free Registration

IMFnews articles are available only to registered users. Sign up to get free access to all IMFnews articles and the daily email alert.

Already Registered?

If you have an existing account with Inside Mortgage Finance, please login below.

Forgot your password?

Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

vote to see results