FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'FINRA'


FINRA Sanctions Three Brokers Over CMO Sales

Long-time HW readers may recall an earlier brouhaha over failed Orange County, Calif.-based brokerage Brookstreet Securities Corp., and regulators' subsequent investigation into collateralized mortgage obligations, or CMOs; at the time, the Financial Industry Regulatory Authority said it was probing individual brokerages over suitability concerns tied to CMOs.
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FINRA Warns on Reverse Mortgages

There aren't many areas of the mortgage origination business that are booming, but one area -- reverse mortgages -- has seen high growth despite the industry downturn. And it's now an area that financial experts are growing increasingly concerned about.
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Regulators Broaden Mortgage Probe: Were Retail Investors Playing with IO Strips?

Both the Wall Street Journal and Bloomberg reported Friday morning that the Financial Industry Regulatory Authority -- FINRA for short -- is investigating securities brokerage firms' marketing and sale of collateralized mortgage obligations. HW readers may recall coverage of Orange County, Calif.-based Brookstreet Securities Corp., which went belly-up in June over bad CMO bets.
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