“It is time to shrug off the naysaying consultants and lawyers who breed a culture of fear and hypothesized problems to hype their services,” Cordray added.

As might be expected, the GOP is once again pushing to kill Fannie Mae and Freddie Mac...

Kvetching about mortgage servicing was down sharply too, off 23.1 percent compared with the third quarter.

Although some large lender – including Wells Fargo – have quietly killed their MSAs with Realtors, others quietly forge on, keeping a close eye on the PHH case…

Will mortgage lenders continue to cut their rates?

Credit unions could incur an average cost of almost $9,600 to update their computer systems with the changes required by the CFPB…

A Realtor in North Carolina noted, “Lenders do not communicate well with real estate agents…”

In JPM’s case, the extended cycle times caused by TRID did not affect the company’s financial results due to how the bank recognizes revenue. Most mortgage firms recognize revenue upon rate lock...

Nonbanks don't like the idea that bank LOs can avoid passing a test...

In the home mortgage sector, complaints dropped both quarterly and annually.