Home / Tag Archives: Mortgage Applications (page 2)

Tag Archives: Mortgage Applications

Mortgage Fraud Risk Falls YoY in Q2

One in 131 mortgage applications contained instances of fraud in the second quarter of 2022 according to CoreLogic, despite a rise in the instances of income fraud and property fraud.

Read More »

Can Online Lending Decrease Risk?

Digital

Technological innovation is changing the way the mortgage industry works, and the model followed by lenders who have embraced technology such as end-to-end online mortgage application and approval processes have made lending a less risky prospect, according to a report ...

Read More »

CFPB Finalizes ‘Know Before You Owe’ Mortgage Disclosures

The Consumer Financial Protection Bureau (CFPB) is issuing a rule Wednesday requiring lenders to use its disclosure templates to lay out mortgage terms for borrowers. The new ""Know Before You Owe"" mortgage forms will replace existing federal disclosures, and the CFPB says they'll help consumers better understand their options, comparison shop for the best mortgage deals, and avoid costly surprises at closing.

Read More »

FBR Expects $1.6B in Mortgage Volume for 2013

With third-quarter numbers from most of the industry's heavy-hitters in, analysts with FBR Capital Markets say their forecasts--$1.6 billion in mortgage volume for 2013 followed by $1.4 billion in 2014--are still well within reach, even though they argue that declining interest rates and lower overall loan volume translated to disappointing mortgage numbers last quarter.

Read More »

Two Lenders Penalized on HMDA Violations

Two mortgage lenders must pay a combined $459,000 in civil penalties for what the Consumer Financial Protection Bureau (CFPB) says are violations of the Home Mortgage Disclosure Act (HMDA). According to the bureau, Mortgage Master, a nonbank lender based in Massachusetts, and Washington Federal, a Seattle-based bank, were found to have ""severely compromised mortgage lending data"" on applications from 2011.

Read More »