Some Lenders Fall In Line, Embracing New QM Rule March 29, 2021 Brandon Ivey Sprout's Shea Pallante: “This is a big step forward for mortgage professionals...”Read More
Wells Fargo Settles LO ‘Wage Theft’ Lawsuit March 26, 2021 Lisa Burden The plaintiffs charged that Wells did not pay loan officers for non-sales work, such as mandatory meetings, training and coaching sessions...Read More
Fairway CEO Critical of UWM Broker Contract March 25, 2021 Maria Volkova At issue: the freedom of loan brokers under UWM's operating contract...Read More
UWM Shares Under Pressure Early After Stock Notice March 25, 2021 Paul Muolo UWM's share price isn't too far from its 52-week low...Read More
MBS Investors Seek Transparency on Rating Services’ Oversight March 23, 2021 Brandon Ivey The IAC said the SEC chose to make the reports confidential, despite the fact that the authorizing legislation didn’t require it. Read More
Study Finds Chase’s Mortgagors Fared Well During the Pandemic March 19, 2021 Brandon Ivey Government-mandated forbearance paid off for Chase... Read More
A Complication Develops on Chopra Heading the CFPB: Control of the FTC March 18, 2021 Lisa Burden Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.Read More
State Regulators Take Notice of the UWM Brouhaha March 18, 2021 As one mortgage market consultant quipped: “It’s sort of like watching the Hatfields and the McCoys.”Read More
CFPB Worries that Debt Collectors, Financial Institutions will Nab Stimulus Payments March 18, 2021 Lisa Burden Uejio said the CFPB will keep an eye on consumer data to better understand how those receiving relief checks are being affected.Read More
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