Tactile Finance founder launches ‘mortgage industry-grade’ website

When you’re a self-described “serial buyer and homeowner,” and you experience a refinancing challenge that makes you wonder, “why is this so hard,” what’s your next step? If you’re Nicole Hamilton, you become a woman on a mission: to make the mortgage process more transparent for consumers …

Fannie Mae discrimination lawsuit could have repercussions for agents

Real estate agents and brokers who are listing agents for Fannie Mae, take note: A sweeping federal lawsuit accusing the government-sponsored enterprise (GSE) of neglecting foreclosure properties in predominantly minority neighborhoods could put you in…

Not so fast: 2 groups tell court that CFPB’s Cordray should stay

After the controversial decision that declared the Consumer Financial Protection Bureau’s (CFPB) single-director structure “unconstitutional,” the authors of the legislation that created the bureau and a group of consumer rights advocates have something to say about the matter …

Opes Advisors offers buyers and agents ‘twice the advice’

Mortgage lenders are increasingly deployed electronic technology to empower consumers to shop for and compare mortgage loans and obtain loan preapprovals — but are these companies using the technology to its fullest potential …

CFPB seeks rehearing in PHH case that declared it unconstitutional

As the Consumer Financial Protection Bureau’s (CFPB) battle with mortgage lender PHH Corp. enters its third year, the bureau is striking back against a recent federal court’s finding that its single-director structure is “unconstitutional” and challenging the court’s interpretation of the Real Estate Settlement Procedures Act (RESPA) …

Survey highlights agents’ influence on clients’ mortgage lender selection

Real estate agents are great at referring clients to their lender partners — and that’s a good thing, because fielding mortgage-related questions from homebuyers seems to make them a bit nervous, according to a recent survey by government-sponsored en…

Can brokers relax about MSAs in the wake of the PHH decision?

A federal court’s recent decision in Consumer Financial Protection Bureau (CFPB) v. PHH Corp. has some in the real estate, mortgage and settlement services industries breathing a little easier about Real Estate Settlement Procedures Act (RESPA) compliance concerns. But don’t get too comfortable with resuming or starting new affiliated business activities just yet …

SoFi returns to student loan debt relief roots

When a group of Stanford University friends got together and founded Social Finance Inc. — commonly known as SoFi — in 2011, their goal was to ease one of the greatest areas of financial stress for their alumni friends and other consumers: student lo…

Sindeo gets into the digital mortgage game

Lender-paid mortgage originator Sindeo is getting into the digital mortgage game with the launch of SindeoOne, an app that promises to help borrowers apply for a mortgage in just five minutes …

‘Not a close call’: PHH indisputably wins CFPB court battle

Mortgage lender PHH Corp. is having a very good Tuesday. The company has been battling the Consumer Financial Protection Bureau (CFPB) over its mortgage insurance practices since 2014, when the CFPB alleged that PHH referred consumers to preferred mort…