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CFPB at long last defines enigmatic ‘abusive’ standard

In the past, the agency cited the legal term in enforcement actions without stating what it meant, but Director Kathy Kraninger has sought to give…

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‘A great year to be a seller’ as profits hit 13-year high: Attom

With housing prices continuing their years-long climb, home sellers cashed in on their highest returns since 2006, according to Attom Data Solutions.

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How foreclosure auction buyers will signal the next housing downturn

Foreclosure auction sales rates plummeted a year before home prices began dropping in 2006, and that was a red flag something was amiss.

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New York faces more empty storefronts as bank branches shrink

A bank, a drug store, another bank: Odds are, a stroll down a random Manhattan avenue devolves quickly into a retail snoozefest.

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CFPB backers tell high court that agency’s structure is legal

Democratic lawmakers, state attorneys general and others filed briefs with the Supreme Court rebutting claims that the agency’s leadership structure is unconstitutional.

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MBS RECAP: Markets Finally Doing Interesting Things, But…

Posted To: MBS Commentary We had to wait all the way until January 24th of 2020, but bonds finally offered their first real shred of…

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Mortgage Rates Drop to 4.5-Month Lows on Virus Fears

Posted To: Mortgage Rate Watch Mortgage rates moved meaningfully lower over the past 2 days as panic over the coronavirus outbreak continues affecting financial markets….

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MBS Day Ahead: The Obvious Bounce Could Be Too Obvious

Posted To: MBS Commentary As the week comes to a close, we find bonds continuing to trickle toward the lower end of the range that…

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Changes to FICO are on the Way

Posted To: MND NewsWire Paying bills on time is about to become more important for American consumers, and this as their debt levels are reaching…

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Client Engagement, Sales, API Products; Coronavirus Scare; ECB’s Low Rates

Posted To: Pipeline Press Yes, the change in FICO scores garnered some attention, but much of the focus is on Wells Fargo which just can’t…

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