With the CFPB prepping to unleash the highly-anticipated TILA-RESPA Integrated Disclosure rule in two weeks on October 3, the industry is about to be hit with more changes that must be met with compliance.
Read More »‘Disruptors’ Are Emerging to Satisfy the Need for Efficiency in the Mortgage Industry
With no fundamental changes to the origination process in decades, the lost efficiency, increasing costs and decreasing profits, combined with ever-merging regulatory hurdles, have left a gap in the mortgage industry to be filled by "disruptors," who are innovators creating new business models to better serve the industry.
Read More »Top 5 Takeaways from 2015 Five Star Government Forum, Washington, D.C.
The Newseum in Washington, D.C., provided the backdrop for the Sixth Annual Five Star Government Forum (FSGF) on Wednesday, as government officials and mortgage industry professionals came together to discuss the future of America's housing industry.
Read More »Survey: Most Industry Professionals Expect Business to Change Little in Next Six Months
In a survey conducted as part of The Collingwood Group's Mortgage Industry Outlook Report for October 2014 released on Monday, the majority of mortgage industry professionals who were surveyed said they did not expect business conditions to be drastically different in the next six months.
Read More »RRMS Reviving Private Loan Securitization Market
New York-based mortgage financial consulting company RRMS Advisors has begun working with clients who want to revive the Private Loan Securitization (PLS) market.
Read More »Report: Near-Term Outlook ‘Grim’ For Mortgage, Housing Industries
Many housing and mortgage industry professionals believe that the overall outlook for their business in the next six months is "grim," according to the Collingwood Group Mortgage Industry Outlook Report.
Read More »Ginnie Mae Unveils Initiatives Designed to Help Adapt to Changes
Representatives from the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae convened at the second annual Ginnie Mae Summit on September 22 to discuss initiatives and programs designed to create a healthy housing market.
Read More »Compliance Pro Compares Mortgage Servicing Industry to Rodeo
Two mortgage servicing industry experts speaking on complying in an industry where the laws are constantly changing – and getting tougher – compared keeping up with servicing standards to competing in a rodeo.
Read More »Industry Job Cuts Continue in Q2
Despite growth in mortgage revenues at banks nationwide, industry employment continued to move down in the second quarter as banks cut staff, according to a report from Mortgage Daily. All of the reported cuts in the second quarter happened at banks, which lost approximately 28,600 jobs from the first quarter to the second.
Read More »New VRMU Academy Offers Training for Small, Mid-Sized Real Estate Businesses
VRM University, the training division of Carrollton, Texas-based VRM Mortgage Services, announced the startup of the VRMU Academy earlier this week.
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