White House absolutely wrong to threaten veto of TRID bill

White House absolutely wrong to threaten veto of TRID bill

A weakened administration looks to flex itself for no good reason

White House threatens to veto TRID grace period bill

Calls hold harmless period ‘unnecessary delay’

Mortgage applications skyrocket more than 25%

Big pre-TRID rush boosted final week of September

Articles by Brena Swanson

Angelina Jolie’s childhood home for sale

Hits the market for $2M
Before she was ever married to actor Brad Pitt, actress Angelina Jolie lived in a four-bedroom midcentury modern home in the rural enclave of Snedens Landing in Rockland County, New York with her family growing up. That house could now be yours for a mere $2M.
Read More

HUD-OIG: loanDepot originated substandard FHA mortgages

Did not always meet HUD requirements
After a recent audit, the HUD-OIG found that loanDepot’s FHA-insured loans with down payment assistance gift funds and secondary financing did not always comply with HUD mortgage lending requirements. HUD is now recommending several courses of action for the mortgage giant. And here they are.
Read More

SoFi secures $1 billion in funding

Series E funding led by SoftBank
Online lender SoFi continues to make major waves in the industry. Not even a month after it surpassed $4 billion in funded loans, SoFi announced $1 billion in Series E funding led by SoftBank.
Read More