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Saudi Real Estate Refinance Company (SRC) has announced that it has entered into an agreement with Ginnie Mae, a US government-owned corporation operating within the Department of Housing and Urban Development, for sharing of policies […]
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Mark Paul Cervantes
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The downturn in mortgage application volume extended to a third straight week over the period ending August 4. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, decreased 3.1 […]
Senators introduce bill targeting mortgage trigger leads
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Mariel Alumit
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A coalition of bipartisan lawmakers in the U.S. Senate on Wednesday introduced legislation targeting the practice of mortgage trigger leads. The bill, designated “S.3502,” is designed to “amend the Fair Credit Reporting Act (FCRA) to […]