Although the stock market remains in the stratosphere, the share price of LendingTree Inc., Charlotte, has been smacked around the past few weeks, and is now trading at an 8.0 percent discount to its January high of $404.40.
Despite declining volume and the rollercoaster of hedge accounting, most banks turned in positive results on their mortgage-banking activities in 2017, according to a new Inside Mortgage Trends analysis of fourth-quarter earnings reports from publicly-held companies.
Retail mortgage-origination platforms tend to generate lower-risk mortgages than other channels, according to a new Inside Mortgage Trends analysis of home loans delivered into Fannie Mae, Freddie Mac and Ginnie Mae mortgage-backed securities.
CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”