Real Estate

'It has to be more than a digital mortgage': Anthony Hsieh

09/17/18

Customers are increasingly demanding that their mortgage providers provide more than loans; they want help finding a realtor and handling all the pieces of the mortgage process, said Anthony Hsieh, CEO of Loan Depot, during the opening keynote at Digital Mortgage.

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PNC to close Ohio call center, allow employees to work from home

07/09/18

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs.

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Back-office innovations help banks dump costly real estate

07/06/18

Banks could shed as much as 20 million square feet of office space over the next five years as they shift many functions to high-tech operations centers in markets with cheaper rents.

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CFPB ends RESPA inquiry into Zillow co-marketing practices

06/25/18

The Consumer Financial Protection Bureau has dropped its investigation into allegations that Zillow Group Inc. violated Section 8 of the Real Estate Settlement Procedures Act.

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Carver in N.Y. to sell corporate office in Harlem for $20M

02/22/18

The company will still use the building for its main office, but it will move its administrative staff to another building.

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House clears bill to ease limits on QM points and fees

02/08/18

The legislation, a similar version of which passed in the last Congress, would give favorable regulatory treatment to certain loans even if real estate-related fees were paid to an affiliate of the lender.

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Blockchain hype, CFPB outlook and Dodd-Frank's staying power: Top stories of the week

01/05/18

Dueling blockchain stories — one arguing it was virtually useless, the other saying it could change real estate lending — seized the top spots this week, while readers also focused on tax reform aftermath and a key Senate retirement.

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‘Incompetence reigns in the Senate': Comments of the week

01/05/18

Readers react to President Trump considering a credit union regulator to head of the Consumer Financial Protection Bureau, debate a delay for top banking nominees, opine on the value of blockchain, and more.

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FHA loan limits get a boost for 2018

12/07/17

The maximum loan amount for Federal Housing Administration mortgages will go up in more than 3,000 counties for 2018.

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Fannie, Freddie loan limits get a bump thanks to rising home prices

11/28/17

Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said.

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