The new Truth-in-Lending disclosure (TRID) rule is being blamed for a sharp decline in the per loan profitability of mortgage lenders. The Mortgage...
Read MoreMaine Savings Federal Credit Union in Hampden has introduced a program to give homebuyers up to $15,000 in down payment and closing costs....
Read MoreIndependent mortgage banks saw production profits slip during the fourth quarter, a result in part of the implementation of the TILA-RESPA Integrated Disclosures,...
Read MoreAdvanced technology can certainly provide process improvements, but those will reap results only if employed alongside industry fundamentals....
Read MoreFixed-rate mortgage rates rose for the third straight week, in part due to higher inflation, Freddie Mac reported....
Read MoreIf the Federal Reserve raises short-term rates in June, market volatility will spur investors to buy long-term bonds, driving down the 30-year mortgage...
Read MoreIt took an average of 46 days to close a residential mortgage loan in February, the shortest closing time since May, according to...
Read MoreMortgage rates moved lower today, but the amount was not only smaller than underlying market movement suggested, it also varied widely from lender...
Read MoreW.J. Bradley Mortgage Capital shut its doors after it was stuck with nonagency loans with TILA/RESPA integrated disclosure issues that it couldn't sell....
Read MoreWhile the $1.9 billion of bonds are not guaranteed by the government, most of the underlying loans could have been sold to Fannie...
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