Bloomberg, Oct. 8, 2015–Kitroeff, Natalie
When Robert Murphy said he wanted to try to get his student loan debt erased, the person overseeing his bankruptcy case told him he had a better shot of getting hit by a bus. Now he’s closer than ever to victory.
Reuters, Oct. 8, 2015–Mutikani, Lucia
The number of Americans filing new applications for jobless benefits fell more than expected to a near 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring.
Los Angeles Times, Oct. 8, 2015–Koren, James Rufus
Foothill Ranch firm LoanDepot on Thursday filed a registration statement with the Securities and Exchange Commission, reporting it plans to raise as much as $100 million in an initial public offering.
Wall Street Journal, Oct. 8, 2015–McLaughlin, Katy
In Los Angeles, an abode that has housed generations of Hollywood legends can be the ultimate status symbol, but there are complications when it is time to sell.
HousingWire, Oct. 7, 2015–Garrison, Trey
Concerns about TRID enforcement go beyond the scope of the broader hand the CFPB has generously offered the industry. David Stevens, President and CEO of the MBA, says there’s a domino effect to the hold-harmless policy.
CNBC, Oct. 7, 2015–Olick, Diana
Total mortgage application volume surged 25.5 percent on a seasonally adjusted basis for the week ending October 2nd compared to the previous week, according to the Mortgage Bankers Association.
National Mortgage Professional, Oct. 7, 2015–Hall, Phil
Last week was an unusually frenetic week for loan applications, according to new data from the Mortgage Bankers Association–but the cause of this commotion appears to be based almost exclusively in the arrival of new regulatory demands on lenders and not on any identifiable improvement in either housing or the wider economy.
Mortgage Compliance Magazine, October, Page 31–Stevens, David
MBA President and CEO David Stevens addressed an audience of 900+ of the nation’s Regulatory Compliance Professionals and other industry professionals at the MBA Regulatory Compliance Conference that was held at Grand Hyatt Hotel in Washington, D.C.
Business Insider, Oct. 7, 2015–Shen, Lucinda
It is getting hard to get a mortgage, and that is weighing down the US economy. That is according to a Deutsche Bank note out Tuesday.
Wall Street Journal, Oct. 7, 2015–Derby, Michael S.; Hilsenrath, Jon
The Federal Reserve made a reasonable decision to hold off on raising short-term interest rates at its September policy meeting, its former chairman, Ben Bernanke, said Wednesday.
