There are some new rules coming down the pike for banks that will drastically alter the lending landscape. What are they, and should you care? I’m amazed that there has not been more talk regarding a big change in banking regulation. There are new regulations being phased in that will impact every borrower in a […]
The post Commentary: Ready for Tougher Underwriting and to Pay More for Your Mortgage? appeared first on RISMedia.
In the wake of the housing crisis, vacation and investment buyers played an important role in sopping up excess inventory. As their participation wanes, the impact will vary around the country. Furthermore, deception and poor lending practices to some investors played a key role in fomenting the last crisis, so the robustness of their participation […]
Paging Mark Curry and lovers of largely forgotten ‘90s sitcoms everywhere: This August, millions of mortgage holders will find themselves hangin’ with Mr. Cooper. Nationstar Mortgage Holdings, Inc. (NYSE: NSM) on Tuesday announced that it will officially rebrand its mortgage servicing and origination operations as “Mr. Cooper” this August in an attempt to put a […]