This topic consolidates the heartbeat of today's mortgage banking environment with news stories relevant to the financial compliance industry.
Ballard Spahr LLP--John L. Culhane, Jr. & Richard J. Andreano, Jr.
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How lenders can foster long-term success through a robust servicing QC process
Search our Compliance Calendar for current regulatory changes & updates.
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"By partnering with ACES, we have witnessed an overall improvement in the quality of our reviews."
-Hilda Melendez, Quality Control Systems Director at Lennar Mortgage
MBA Servicing NewsLink article | by Amandy Phillips
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PacRes Mortgage Improves Quality Control Accuracy by over 30% While Decreasing non-compliance incidents by 25%
Click below to read the full article written by Richard J. Andreano, Jr., John L. Culhane, Jr. & Loran Kilson in Ballard Spahr's Consumer Finance Monitor.
MBA Newslink--Bill Killmer; Pete Mills
This update includes information on IVES concerns, Senate Banking Committee hearing relating to flood insurance, GSE loa downpayment enhancements, and more.
DS News -Eric C. Peck
According to the Mortgage Bankers Association’s (MBA) latest Loan Monitoring Survey, the total number of loans in forbearance nationwide continues to drop, declining by three basis points from 0.26% of servicers’ portfolio volume in the prior month to 0.23% as of December 31, 2023.
Scotsman Guide - Arnie Aurellano
First American Financial Corporation's Real House Price Index (RHPI) indicates homebuying power in November of 2023 was as low as it's been in three decades.
