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Federal Reserve Bank President and CEO Barkin will be in West Virginia this week

Federal Reserve Bank President and CEO Barkin will be in West Virginia this week
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HELOC, Servicing, PPE, Relationship, DPA Products; Events and Webinars This Week

Lending continues to be intertwined with legal and compliance issues. Here’s a story from overnight that is catching a lot of attention: “Equifax stock falls after saying it received a CID from the CFPB.” The Federal Trade Commission (FTC) agreed to drop its challenge to Intercontinental Exchange Inc.’s (ICE) proposed deal with Black Knight Inc. in a joint stipulation that allows them to work toward a settlement. Lender ToolKit is suing Celebrity Home Loans and MLD. and Meanwhile, lenders and vendors are doing what they can to increase business and tap into new markets, and with that in mind National MI is sponsoring a weekly podcast beginning today focused on offering mortgages to people in their 20s and 30s (Mortgages with Millennials). (Today’s podcast can be found here and is sponsored by SimpleNexus, an nCino Company, developer of mortgage technology uniting the people, systems, and stages of the mortgage process into one seamless, end-to-end sol ....

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Appraisal Modernization, Cybersecurity, Non-QM, CRM Products; STRATMOR CU and Bank Forum

“When I was young, I was poor. But after decades of hard work, I am no longer young.” The quip about “The greatest cause of death is birth” aside, we’re all going to die. The question is, “How?” It takes a while for statistics to catch up, but in 2019 the biggest killers of Americans were heart disease, cancer, and being poor. “There were at least 180,000 poverty-related deaths in 2019, new research estimates, surpassing deaths from causes like homicide and drug overdoses.” Unclean air, water, lack of access to good health care are listed. But we, in the residential lending industry, are in a good place to help better people’s housing situation… every day! Loan officers are in a very good position to do so, and today is the last day for them to comment on NMLS Modernization. (Today’s podcast can be found here and this week’s is sponsored by Richey May, a recognized leader in providing specialized ....

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