CFPB Proposes Delay for Debt Collection Rules

The Consumer Financial Protection Bureau on Wednesday proposed extending the effective date of two recent debt collection rules to give affected parties more time to comply due to the ongoing COVID-19 pandemic.

Industry Briefs Apr. 8, 2021

Top of Mind Networks, Atlanta, launched a bidirectional data connection between Surefire, its platform for automated mortgage marketing, and Salesforce, an enterprise CRM. The connection gives mortgage lenders choice and control over the way information is shared between their enterprise CRM and mortgage marketing technologies.

MBA Weekly Applications Survey Apr. 7, 2021: 4th Straight Week of Declines

It’s been a familiar pattern for the past month: rising interest rates put a damper on mortgage applications activity for the fourth straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 2.

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“Credit availability inched higher in March, driven by the ongoing economic and job market recovery. This has increased the amount of low credit score and high LTV products. All the market segments covered by our sub-indexes increased over the month, notably government and jumbo indexes.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.