Friday, May 26, 2017

CBC offers new LexisNexis FCRA report for lien and judgment data

Starting July 1, the three national credit reporting agencies will stop collecting and reporting information on lien and judgement data obtained from public records, leaving lenders with a significant hole in their assessment of a borrower’s creditworthiness. To fill that information gap, two subsidiaries of CBC Companies — CBCInnovis and Factual Data — are offering the LexisNexis RiskView Liens & Judgments Report.

from Byrd Mix http://ift.tt/2rVSkSF via byrd memphis developer


from Tumblr http://ift.tt/2qn1tm1

Grassroots military organizations ask Congress to save the CFPB

As the Financial CHOICE Act winds its way through the House of Representatives, two grassroots organizations that represent current and former members of the military are asking the members of Congress to leave the Consumer Financial Protection Bureau alone and allow the bureau to continue functioning as it does now.

from Byrd Mix http://ift.tt/2s2Zi7L via byrd memphis developer


from Tumblr http://ift.tt/2rGjQ9i

FHFA seeks to improve access to credit for borrowers with limited English proficiency

The Federal Housing Finance Agency issued a Request for Input on issues facing qualified mortgage borrowers with limited English proficiency in order to gauge how it can better serve them. If you have thoughts on how to better serve these borrowers, now’s the time to share them.

from Byrd Mix http://ift.tt/2rENNXj via byrd memphis developer


from Tumblr http://ift.tt/2qn1kis

OfferPad signs on for Zillow's "Instant Offers" home-buying program

It’s now been a few days since Zillow sent the housing business into a bit of a fervor when it announced that it was getting into the home-selling business with its “Instant Offers” program, and more details about how the program will work are beginning to emerge. Now, another of the participating investors has revealed itself.

from Byrd Mix http://ift.tt/2qTQ0Nm via byrd memphis developer


from Tumblr http://ift.tt/2rGl8Bo

SunTrust fined $1.5 million by Federal Reserve for violations of Flood Insurance Act

SunTrust Bank will pay a fine of more than $1.5 million for the bank’s “pattern or practice of violations” of a portion of the National Flood Insurance Act, the Board of Governors of the Federal Reserve announced on Thursday.

from Byrd Mix http://ift.tt/2qoOwHB via byrd memphis developer


from Tumblr http://ift.tt/2qmC77L

Want to recruit more Millennials? Learn what matters most from our experts

One thing became clear very quickly during HousingWire’s webinar on how to hire Millennials on Thursday — few attendees knew they wanted to go into housing at the outset of their careers. And yet, like our three panelists, they are all got into the industry one way or another. So how do we get others to join a space that a lot of Millennials are unfamiliar with? These three HousingWire Rising Stars give tips on where to start to fix this problem.

from Byrd Mix http://ift.tt/2qm94kG via byrd memphis developer


from Tumblr http://ift.tt/2rGjDmu

Thursday, May 25, 2017

Stearns Lending introduces new loan program with lower payments for first two years

With loan originations on the decline, it seems that lenders are stepping “out of the box,” so to speak, when it comes to targeting prospective borrowers. Some lenders are offering 1% down payment programs, but what about borrowers who are more concerned with their monthly payment as opposed to their upfront costs? Stearns Lending claims to have an answer for that.

from Byrd Mix http://ift.tt/2rZJGBI via byrd memphis developer


from Tumblr http://ift.tt/2rVz0oz