Reuters, Dec. 2, 2019–Imani Moise, C NiveditaWells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since …
Category: Top National News
Early Bird Special: CFPB to Reward Firms that Quickly Fix Violations
National Mortgage News, Dec. 2, 2019–Kate Berry (subscription)The Consumer Financial Protection Bureau is planning to give companies accused of wronging consumers a chance to get released early from consent orders.https://www.nationalmortgagenews.com/news/early-bird-special-cfpb-to-reward-firms-that-quickly-fix-violations
Builders are Coming to the Housing Market’s Rescue
HousingWire, Dec. 2, 2019–Kathleen HowleyA housing market stymied by supply shortages will get relief next year from homebuilders, according to the National Association of Realtors.https://www.housingwire.com/articles/builders-are-coming-to-the-housing-markets-rescue/
California’s Great Data-Privacy Rush
National Mortgage News, Dec. 2, 2019–Paul Centopani (subscription)As lenders look ahead to 2020, they can thank a well-known whistleblower for the next big compliance challenge the industry will face.https://www.nationalmortgagenews.com/list/californias-great-data-privacy-rush?brief=0000015a-382f-d09d-a7fe-feafb2c90000
Mortgage Sector Is on Its Longest Winning Streak Since the End of 2017
Bloomberg, Dec. 2, 2019–Christopher MaloneyThe outperformance of mortgage-backed securities versus U.S. Treasuries has extended for a third straight month into November, buoyed in part by a decline in volatility. It’s …
What Your Refinanced Mortgage Will Cost You
WTOP (Washington, D.C.), Dec. 2, 2019–Jeff ClabaughAbout two-thirds of current mortgage applications are to refinance an existing mortgage and the Mortgage Bankers Association says that’s up more than 300% from …
2019 HW Vanguard: Chris George
HousingWire, Dec. 1, 2019Chris George not only leads CMG Financial as the company’s president and CEO, he has also helped lead the Mortgage Bankers Association as the trade group’s chairman …
Caution Creeps In
National Real Estate Investor, Dec. 2, 2019–Beth Mattson-TeigHigh net worth individuals have emerged as an avid group of commercial real estate investors. Yet even as allocations to the asset class …
Women in Housing
HousingWire, Dec. 2, 2019–Kelsey RamírezLet’s be honest, the housing and mortgage industries are not diverse. But female leadership is becoming more widespread and women are shaping the future of housing …
3 Housing Trends to Wach For in 2020
HousingWire, Dec. 2, 2019–Phil ShoemakerDespite forecasts that mortgage lenders would struggle in 2019, an unexpected turn in interest rates, which were expected to rise throughout the year, created a low …