Housing Wire

MAY 20, 2021

In early 2017, after Spirit and Citizens stopped funding his company’s mortgages, McCord sought out a new lender. He set his sights on CapLOC , a North Carolina-based mortgage lending business, and tried to sell CapLOC First Mortgage Company’s lending arm for a quick buck.

Mortgage 335

Mortgage Government Lending Insurance 335

Appraiserblogs

MARCH 17, 2021

Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. From Bill A5185: 2. 45:14F-1 et seq.) 45:14F-27 et al.)

Appraisal 114

Appraisal Law Legal Property Appraisal 114

Housing Wire

NOVEMBER 23, 2022

Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. billion in 2012, the company decided to shutter its business in 2017.

Marketing 332

Marketing Loan Officers Business Mortgage 332

Housing Wire

MARCH 29, 2022

And if these agencies were to find that a merger ran counter to public interest because of a bank’s discriminatory lending practices, it’s not likely anyone would know about it. And HUD can bring lawsuits claiming bias in mortgage lending. The law also required banks to lend within their communities. But there was a catch.

Lending 351

Lending Government Law Mortgage 351

Housing Wire

NOVEMBER 12, 2020

Just before Cordray stepped down in November 2017, he promoted English from chief of staff to deputy director, positioning her to take over as acting director upon Cordray’s departure. That set off a legal battle over who was really in charge of the CFPB, and U.S.

Development 449

Development Legal Law Lending 449

Housing Wire

FEBRUARY 7, 2022

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

Insurance 334

Insurance Modernization Lending Mortgage 334

Housing Wire

JULY 8, 2022

With the change of Federal administrations in 2021, it didn’t take long for the Consumer Financial Protection Bureau (CFPB) to signal that it would prefer to see more LEP services made available, particularly in the mortgage servicing and lending sectors. As far back as 2017, approximately 9% of the U.S.

Law 371

Law Advertising Contracts Government 371

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate.

Appraisal 314

Appraisal Valuation Real Estate Modernization 314

Housing Wire

AUGUST 31, 2022

The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. The second category is mortgage and non-mortgage brokers, which includes establishments that facilitate lending by bringing borrowers and lenders together. Source: Nationwide Multistate Licensing System.

Lending 382

Lending Mortgage Real Estate Loan Officers 382

Housing Wire

APRIL 27, 2021

In response, Remote Online Notarization, something that had been technically legal on a federal level since the turn of the century and for which technology already existed, became the hot issue of the day. payment amount in 2017?” The rush to digital was no longer just wishful thinking. Fortunately, such technologies exist today.

Mortgage 385

Mortgage Technology Tools Modernization 385

Zillow

JANUARY 22, 2018

Plus, with more than one person on the loan, the legalities of who owns the home can get tricky. According to the Zillow Group Consumer Housing Trends Report 2017 , more than three-quarters (76 percent) of American households who bought a home last year obtained a mortgage to do so.

Mortgage 36

Mortgage Legal Lending Buyers 36

Appraisal Today

MAY 10, 2024

There is administrative time involved, as well as legal factors. This initiative was subsequently reaffirmed in the issuance of VA Circular 26-17-18 in July 2017. In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. First, the burden on borrowers. They start the row.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Clear Capital

NOVEMBER 30, 2021

They are a digital lending platform. And sort of like came to the US in 2017 with like, a certain idea. The thing about the qualifications is the only reason they exist and the only reason there’s a very tedious process is because of how fundamentally broken the legal system is. But that’s mobile first.

Landlords 69

Landlords Real Estate Tenants Investing 69