The Consumer Financial Protection Bureau said that between 2011-2016 Prospect Mortgage was making illegal payments to real estate brokers in …
Mortgage lender fined $3.5 million for kickback scheme
31 Tuesday Jan 2017
Posted in Mortages
Monthly Archives: January 2017
New mortgage product increases Ally Financial net income in Q4
31 Tuesday Jan 2017
Posted in Mortages
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 in Mortages
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
Posted in Mortages
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 in Mortages
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
Posted in Mortages
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 in Mortages
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
Posted in Mortages
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 in Mortages
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 in Mortages
Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-three classes of mortgage pass-through certificates from Sequoia Mortgage Trust …
