NMLS annual report now available online
The National Multistate Licensing System has posted its 2015 annual report on the mortgage industry and other financial institutions.
Mortgage originators face new reporting requirements
Mortgage lenders will have to report more information about their lending practices under new rules established by the Consumer Financial Protection Bureau.
Banks must take proactive steps to avoid cyberattacks
Banks must be proactive in preventing cyberattacks to avoid the consequences of a costly breach, according to security experts.
Credit unions ramp up mortgage lending
Credit unions are gaining a larger share of the mortgage lending market in recent years, according to a new study.
Banks ease underwriting standards
Underwriting standards among national banks and federal savings associations eased in 2015 for the third consecutive year.
Are electronic mortgage closings the wave of the future?
More mortgage lenders are turning to electronic closings as a way to enhance customer service, improve efficiency and reduce paperwork.
Nonbank lenders face regulatory pressures
Nonbank lenders are facing increased regulations as their share of the mortgage market continues to see dramatic growth.
Culture of compliance trumps culture of defiance
With growing regulatory challenges, more financial institutions are recognizing the need to establish a strong culture of compliance within their organizations.
Videos can help credit union members understand their accounts
Three new videos can help credit union members better understand how their accounts at federally insured credit unions are protected.
Mortgage foreclosures continue to decline
Mortgage foreclosures and delinquencies in the U.S. continued to drop in the fourth quarter of 2015, another sign of the improving housing market nationwide.