This time around, Steven Antonakes, deputy director of the Consumer Financial Protection Bureau, significantly watered down his message at Nevada’s Common Ground Conference, especially when compared to his alarming speech at the Mortgage Bankers Association’s National Mortgage Servicing Conference.
Loan securitizer DB Structured Products, a division of Deutsche Bank, recently agreed to pay $11.5 million to settle a Nevada Attorney General investigation into the firm’s packaging and selling of subprime and Alt-A loans.
The Nevada Attorney General is urging people to come forward if they have information related to a Las Vegas man recently charged with defrauding Nevada citizens through a series of real estate and mortgage scams.
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More