Items Tagged with 'SunTrust Mortgage'

ARTICLES

  • SunTrust back in compliance with National Mortgage Settlement servicing rules

    Remedies failure of one metric
    SunTrust is back in compliance with all of the servicing requirements of the National Mortgage Settlement, the settlement’s monitor said in a report published early Tuesday. Joseph Smith, the monitor of the National Mortgage Settlement, said in the report that SunTrust did not fail any compliance metrics that his team tested during the second half of 2017.
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  • SunTrust becomes latest bank to roll out digital mortgage platform

    Joins Wells Fargo, Bank of America, Chase, others
    Another lender is about to join the digital mortgage revolution, as SunTrust announced Monday that it is rolling out a digital mortgage application platform. SunTrust claims that its platform, which is called the “SmartGUIDE Mortgage Application,” allows consumers to complete a mortgage application entirely online in “half the time” of a typical mortgage application.
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  • Judge denies dismissal of ResCap mortgage lawsuit

    UBS Real Estate Securities, SunTrust Mortgage included in suit
    A New York bankruptcy judge refused to throw out a mortgage case, not dismissing four lawsuits brought by the Residential Capital bankruptcy trust alleging mortgage originators sold billions of dollars in defective loans.
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  • MBA Hall of Honor gives back to military veterans

    Financial services companies benefit veterans and their families
    The MBA conference offers a variety of interesting, smart and funny (Michael Lewis!) speakers, but my favorite presentation so far has been the Hall of Honors, where the MBA recognizes companies in our industry who give assistance to military veterans and their families.
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  • ABA, SunTrust launch new mortgage program

    Expands banker’s ability to serve clients
    A new solution through the American Bankers Association gives bankers an extra lifeline to help support their clients by allowing bankers to sell mortgage loans to SunTrust as a correspondent lender.
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