Forbes – By Trefis Team The U.S. mortgage industry saw an improvement in the volume of total originations for a second consecutive quarter in Q3, with data compiled by the Mortgage Bankers…» Read More
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Housing Wire – By Levi Shultz Bank of America (BAC) does not plan on easing its mortgage standards or offering 3% down mortgages, despite regulators seeking to expand lending, said CEO Brian Moynihan. The bank’s…» Read More
Housing Wire – By Brena Swanson The Consumer Financial Protection Bureau ordered Franklin Loan Corporation to pay $730,000 for giving its employees illegal bonuses for steering consumers into loans with higher interest rates. From here,…» Read More