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Bob Broeksmit proposes housing czar to address ‘regulatory knots’
HousingWire via Yahoo Finance· 5 hours agoBroeksmit said that “not all the rules were bad”— a positive example is the qualified mortgage...
The Supreme Court Saves the Consumer Financial Protection Bureau
The New Republic via Yahoo Finance· 3 hours ago“This case is about checks and balances,” Noel Francisco, who represented the lenders, told the...
What Percentage of Income Should Go Toward a Mortgage?
Investopedia· 3 days agoIf you are thinking of buying a home, you've probably heard the question "How much house can I...
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in...
Fortune· 4 hours ago“Banks continue to become increasingly less relevant, especially smaller-to-mid-sized banks,” Piskorski, Columbia’s Edward S. Gordon Professor...
How a VA cash-out refinance works
Yahoo Personal Finance· 2 days agoIf you choose a cash-out refinance, you take out a new home loan for a larger amount than your existing loan and then receive the difference in cash. VA...
What Is a Conventional Loan?
The Wall Street Journal· 2 days agoOf all the mortgage options out there, the conventional loan is the most popular. “Conventional loans are very common compared with other loan types,”...
Could Silicon Valley Bank happen again? ‘The short answer is, yes,’ says professor who sees $2...
Fortune via Yahoo Finance· 2 hours agoAnd in fact, we have a window in it: We compare the leverage of banks, to non-bank lenders. The dark...
Mortgage brokers sent people’s estimated credit, address, and veteran status to Facebook
USA TODAY via Yahoo Finance· 2 days agoRocket Mortgage, the largest mortgage lender in the U.S., for example, used the tool to track where people navigated on an...information ...
Mortgage Technology Leader Brad Vasto Joins Asurity® as Senior Vice President of Sales
NBC 17 Raleigh· 7 hours agoAsurity Technologies, LLC ("Asurity®"), a leader in consumer lending compliance software and advisory services, announced today that mortgage technology veteran Brad Vasto ...
6 ways home buyers mess up getting a mortgage
New York Post· 6 days agoEven lenders agree that it’s often a struggle. “A lot can go wrong,” says Staci Titsworth, regional manager at PNC Mortgage in Pittsburgh. If you’re out...