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UWM gave brokers big discounts to play with. It could be risky

Housing Wire

Mortgage compliance attorneys interviewed by HousingWire said the program, dubbed “Control Your Price,” raises potential areas of concern across three subjects: rules that govern loan officers’ compensation; fair lending; and unfair, deceptive and abusive acts and practices.

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Understanding the Role of an Appraisal Management Company

AmeriMac

Loan officers can focus on other aspects of the loan origination process, knowing that the appraisal process is being handled by qualified professionals. Regulatory Compliance: AMCs are well-versed in federal laws and regulations governing appraisals.

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Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Since 2016, legal immigration growth has declined by 40%.

Insurance 388