Archive for the News Category

The Federal Reserve’s proposed changes to Regulation Z (Truth in Lending)

Rhonda Porter on 07 23, 2009 | 25 Comments

The Federal Reserve's proposed changes to Regulation Z (Truth in Lending)

If you've been following Ben Bernanke's testimony on the Hill this week, you may have noticed him hinting about significant proposed changes to Reg Z and changes in how mortgage originators are

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Michael Jackson is gone…

ARDELL on 06 25, 2009 | 20 Comments

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No Big Rate Surprise with the FOMC

Rhonda Porter on 06 24, 2009 | 3 Comments

The FOMC wrapped up their two day meeting leaving the Funds Rate unchanged.   The target rate is remaining at 0-0.25%.  Now that this decision has been formally announced, everyone will be reviewi

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Are Loan Originators at Bank Home Loan Centers in Jeopardy?

Rhonda Porter on 04 1, 2009 | 21 Comments

I have been focused on what the big banks are doing to the mortgage broker industry because as someone who works for a correspondent lender, it's closer to home.  I am convinced that the big playe

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