Author name: Ricky Vasquez

Processing Content Key insight: The USA Patriot Act marked a major shift for banks, requiring strict verification of customer identities and the monitoring of suspicious activities.  What’s at stake: Critics contend that after 25 years, compliance with anti-money-laundering rules has become a costly “box-checking” exercise. Forward look: Deregulatory changes under the Trump administration include the […]

Looked at in a vacuum, and up until the last few hours of the day, Friday was no better or worse than the average day over the past several months. Compared to yesterday morning’s levels, the average lender was 0.01% higher–a small enough move to be effectively considered “unchanged.”  This expanded to 0.05% in the

Credit score modernization overseen by Federal Housing Finance Agency Director Bill Pulte has taken time to implement and the next tier of lenders considering it may need more, but there is one step they can immediately take. Processing Content The whole loan market is already beginning to respond as government-sponsored enterprises that buy many mortgages