This is why millennials need a new credit scoring system

This is why millennials need a new credit scoring system

Turns out they WANT credit, but just can't GET credit

Meet our incredible 2015 Women of Influence

Announcing 40 leaders driving the housing economy

CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement
W S

Lending

Appraisal Institute selects Jim Murrett as new vice president

Begins one-year term on Jan.
The Appraisal Institute announced the election of Jim Murrett to serve as the organization’s vice president in 2016. Murrett’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.
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Rick Perry: Clinton policies caused housing crisis

Warns another crash is coming; advocates ending Fannie, Freddie
In a speech last week in New York, former Texas Gov. Rick Perry positioned himself, surprisingly, as a populist ready to take on Wall Street, laid the blame of the housing crisis on the “destructive homeownership policies” of the Clinton administration, and warned that the next crisis is coming.
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This is why millennials need a new credit scoring system

Turns out they WANT credit, but just can't GET credit
Are Millennials interested in obtaining credit after witnessing their families struggle as a result of the recent recession? ID Analytics conducted a study on their credit scores to figure out where they stand. The answer may surprise you.
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The Wrap: Appraisals down alongside mortgage apps

Gap widens between appraisers and owners, appraiser lawsuits and more
Is the “home prices at all-time high” thing hype or hope, as appraisers see it? And why are Llano Financing Group and Carrington Capital Management suing so many appraisers? Plus, will homeowners and appraisers ever see eye-to-eye? Read on.
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From HW Magazine

Hot Seat: Jack Nunnery, EVP at Texas Capital Bank

Forging stronger ties between correspondent sellers and investors
The specific needs of correspondent lending divisions often get overlooked in the development of mortgage technology solutions. Texas Capital Bank is looking to change that formula with a new correspondent line and platform to forge stronger ties between correspondent sellers and investors in the process.
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Meet our incredible 2015 Women of Influence

Announcing 40 leaders driving the housing economy
The only downside to a program like this is the difficulty in choosing winners. The field grows more competitive every year, with more nominations from a much broader field. This is a cause for celebration in and of itself, but one that presents a real challenge for our editorial staff. Our solution was to increase the number of winners from 30 to 40; we simply had too many incredible candidates to do less.
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From HW Magazine

The CFPB’s appalling double standard

On TRID, discrimination and accountability: “Do as we say, not as we do”
For months the Consumer Financial Protection Bureau was adamant that despite repeated pleas that the mortgage finance industry would not be ready for the Aug. 1 effective date for the onerous TILA-RESPA Integrated Disclosure rule, that it was a hard deadline.
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