Social Media Activity Can Affect Your Credit

Most everyone knows that many employers use a job applicant’s social media activity as a hiring tool. But as new lending regulations take effect today, a new article from Fast Company reveals just how important that Facebook profile or Twitter feed can be for loan...

Tougher Standards Limit Reverse Mortgages

Long marketed to retirees and those heading toward retirement age, reverse mortgages just got harder to negotiate, thanks to new regulations that make those equity-based loans more expensive and harder to get. And the goal, according to the Federal Housing...

Automated Assessments Protect Lenders – But How About Borrowers?

To lenders worried about how the Qualified Mortgage Rule will affect mortgage loan liability: never fear, automated assessment tools are here, as a growing number of software companies offer online solutions to help mortgage lenders negotiate the provisions of the QM...

What Happens to Mortgages in a Government Shutdown?

The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government...

Can a California Town Rock the Mortgage Industry?

In a move reminiscent of feudal days, a California city is making a novel move on struggling homeowners that could affect the mortgage lending industry all over the country. In an effort to reduce the number of foreclosures in town, Richmond, CA is using its right of...