In a fast-changing business environment, lenders don’t always act as expected, so it’s necessary to have a longer list of capital provider choices on-hand.
Category: News and Trends
CFPB Clarifies Treatment of ‘Compliance Aids’
The Consumer Financial Protection Bureau yesterday issued a Policy Statement announcing a new designation for certain Bureau guidance materials, referred to as “Compliance Aids.”
Commercial/Multifamily Briefs
HUD will launch a national bus tour this week focused on removing barriers to affordable housing.
Mark P. Dangelo: The Challenges of Reskilling Workforces, Part 1
With limited population growth domestically, the search for advanced technology skills must embrace aging populations and the explosion of megacities beyond our shorelines—new, continuous models of corporate education, training and partnering must be adopted.
Patrick McClain: Hard and Soft Savings–How Technology Can Positively Impact Bottom Line
Technology is no longer an option; it is an integral element. Inefficient, outdated, manual processes can be risky and ultimately end up costing the lender. To combat these challenges, today’s lenders must stay abreast of cutting-edge technology. Implementing such technology, lenders can exponentially increase their bottom line as well as bring unexpected savings and benefits.
The CFPB Policy Statement on ‘Abusive Acts or Practices:’ What it Means
On Friday, the Consumer Financial Protection Bureau issued a policy statement providing a “common-sense framework” on how it intends to apply the “abusiveness” standard in supervision and enforcement matters–a clarification long-awaited by Mortgage Bankers Association and the real estate finance community.
CFPB Clarifies Treatment of ‘Compliance Aids’
The Consumer Financial Protection Bureau yesterday issued a Policy Statement announcing a new designation for certain Bureau guidance materials, referred to as “Compliance Aids.”
Default Servicing Analysts Expect Uptick in Some Loan Types
Altisource Portfolio Solutions SA, Luxembourg, said its annual survey of default servicing professionals show a bit of nervousness in 2020 over certain loan types, including FHA and private lender loans.
The CFPB Policy Statement on ‘Abusive Acts or Practices:’ What it Means
On Friday, the Consumer Financial Protection Bureau issued a policy statement providing a “common-sense framework” on how it intends to apply the “abusiveness” standard in supervision and enforcement matters–a clarification long-awaited by Mortgage Bankers Association and the real estate finance community.
December New Home Sales Down–But Up
December new home sales stumbled, falling by 0.4 percent from November, but overall 2019 results saw a solid increase in sales, HUD and the Census Bureau reported yesterday.