The Fourth Circuit has ruled that the Truth in Lending Act’s offset provision covers home equity lines of credit accessed via a credit card.

So, you’re a nonbank and you want to purchase a federally insured depository? Have your CEO do it. And be patient.

Lawmakers protect borrowers from “surplus funds chasers.”

Trade groups believe the proposed rule will harm consumers by tightening credit standards. An association representing debt collection agencies warned that the proposal could lead borrowers to take on additional debt they can’t afford.

Interest rates on mortgages declined as the traditional homebuying season nears an end. Demand for purchase mortgages also continues to be limited by weak inventory of homes for sale and elevated home prices.

The servicing sales market has slowed this summer, but there are rumblings of activity. Freedom Mortgage, for instance, is peeling off a piece of its conventional portfolio. And a sale of SPS is in the works.

With mortgage originations coming off two challenging years — to put it mildly — now might be a good entry point for warehouse providers. At least that’s what Scotiabank is betting on.

While still offered, piggyback loans are relatively rare in today’s high-interest-rate environment.

Although nonbank advocates have long argued for FHLBank membership, new proposals from the Urban Institute address key challenges.

Sellers repeatedly using contract-for-deed financing must assess a borrower’s ability to repay a loan and provide disclosures, the CFPB said in a new advisory opinion.