Onslow Bay Financial turns to MeridianLink Mortgage for loan origination system; Finance of America launches second-lien reverse-mortgage line of credit.
A recent paper co-authored by Federal Reserve Governor Stephan Miran identifies several policy changes that would allow the Fed’s SOMA to be reduced by up to $2.13 trillion.
The Broker Action Coalition is asking its members to bring their credit report bills to the trade group’s Washington fly-in this month so DC politicians can see how much a monopoly costs.
Washington state’s financial regulator has accused Newrez of repeatedly violating the state’s Consumer Loan Act through “deficient” mortgage servicing practices.
In a court filing last week, the administration offered a revised plan to lay off nearly 53% of the bureau’s current staff, downsizing the agency from 1,174 employees to 556.
The trade group asked the bureau to raise the loan reporting threshold for HMDA and remove the quarterly reporting requirement. NCRC asked the CFPB to retain its current HMDA data collection efforts.