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Monthly Archives: January 2017

Mortgage lender fined $3.5 million for kickback scheme

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

The Consumer Financial Protection Bureau said that between 2011-2016 Prospect Mortgage was making illegal payments to real estate brokers in …

New mortgage product increases Ally Financial net income in Q4

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

Ally Financial saw a net income increase in the fourth quarter, pushed up slightly by the company's new direct-to-consumer mortgage, Ally Home.

Fannie Mae-Freddie Mac should be utilities, trade group says

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

The Mortgage Bankers Association plan would make Fannie and Freddie privately-owned utilities and cap their returns on capital. It would also turn …

Consumer Financial Protection Bureau orders prospect mortgage to pay $3.5 million fine for illegal …

31 Tuesday Jan 2017

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Google Alert - Mortgages

WASHINGTON , DC (January 31, 2017) — The Consumer Financial Protection Bureau (CFPB) today took action against Prospect Mortgage, LLC, …

3 Key Benefits for Plunking Down 20% for a Home Loan

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

When you put down at least 20 percent, you also typically won't have to pay for mortgage insurance. Mortgage insurance increases your monthly …

Kroll Bond Rating Agency Assigns Preliminary Ratings to Sequoia Mortgage Trust 2017-2 (SEMT …

31 Tuesday Jan 2017

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Google Alert - Mortgages

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-three classes of mortgage pass-through …

CFPB orders Prospect Mortgage to pay $3.5 million for improper mortgage referrals

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

The Consumer Financial Protection Bureau today ordered Prospect Mortgage, a major mortgage lender, to pay a $3.5 million fine for improper …

Dan Watson joins Precise Mortgages’ sales team

31 Tuesday Jan 2017

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Google Alert - Mortgages

Specialist lender Precise Mortgages has hired Dan Watson to its sales team predominantly to support intermediaries in the South East.

30-Year Fixed Mortgage Rates Rise, Nearing 4 Percent; Current Rate is 3.97%, According to Zillow …

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.97 percent, up 5 basis points from this time last week. The 30-year fixed …

Kroll Bond Rating Agency Assigns Preliminary Ratings to Sequoia Mortgage Trust 2017-2 (SEMT …

31 Tuesday Jan 2017

Posted by lmortgages158 in Mortages

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Google Alert - Mortgages

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-three classes of mortgage pass-through certificates from Sequoia Mortgage Trust …

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