CFPB rescinds 67 guidance documents, including mortgage policies by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire The Consumer Financial Protection Bureau (CFPB), which is undergoing significant changes under the Trump administration, has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry.  “Some of the withdrawn guidance was helpful to clarify regulations, which gave lenders certainty and could also be useful…

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Outdated mortgage tech is draining lenders: Here’s how to stop the bleeding by Sofia Rossato for HousingWire

HousingWireHousingWire The lending playbook needs an overhaul  Let’s cut through the noise: The mortgage market isn’t changing; it’s already changed. Volatility is the norm, margins are squeezed within an inch of viability and borrowers expect a frictionless experience every time. If your entire business still revolves around purchase and refinance,…

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Bidding wars for mortgage LOs heat up again by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire Bidding wars for producing mortgage loan officers are back with a vengeance — and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. Just ask Candice McNaught, the senior vice president of business development and strategic initiatives at Connecticut-based Planet Home Lending….

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