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CFPB Expands Rural & Small Creditor Definitions

by devteam January 31st, 2015

As it said it would, the Consumer Financial Protection Bureau (CFPB) has taken steps to assist small lenders , particularly those in rural areas, comply more easily with the new mortgage rules that took effect at the beginning of last year. Changes were

CoreLogic: Income Inequality and the Housing Market

by devteam January 31st, 2015

The topic of income inequality is, as they say, trending, and this has moved CoreLogic to look at the nature of incomes and homeowners. In a recent article in the company's Housing Trends Blog, principal economist Kathryn Dobbyn talks about a new CoreLogic

Averages in 2014: LTV, FICO, Loan Types, and More

by devteam January 30th, 2015

Fifty-six percent of loans closed in December were for home purchase, somewhat lower than the average for 2014 as a whole according to the Origination Insights Report from Ellie Mae. Lower interest rates pushed refinancing numbers higher toward the end

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