Michigan sets parole for ‘Linda Green’ robo-signer
The fraud became known as robo–signing, a process where documents required in foreclosures and other legal filings were signed and notarized with …
Independent Mortgage Bank Profits Surge, More Than Double 1Q
HousingWire | August 30, 2016
According to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,686 on each loan they originated in the second quarter of 2016.
Realtors: What’s Hampering Sales the Most
Realtor Mag | August 30, 2016
A dearth of homes for sale, declining affordability, appraisal issues, and lender processing delays are the key issues affecting sales, according to the latest Realtors Confidence Index Survey
Mortgage Complaints Sit Lower on CFPB Complaint List
DS News | August 30, 2016
As the Consumer Financial Protection Bureau (CFPB) approaches one million complaints handled in its five-year history, mortgages have taken a back seat behind debt collection as the most complained-about financial product, according to the bureau’s latest monthly complaint snapshot released Tuesday.
|HARP Extended Again, This Time As A ‘Bridge’ To A New Program|
|by Orb Staff, Aug 25, 2016|
|This time around, the program is being extended in order to create a “bridge” to a new high loan-to-value streamlined refinance offering that will essentially replace [Read More]|