How Mortgage Lending is Changing in 2021

Posted Posted in Mortgage Lending, Mortgage Trends

Back in 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act in order to “promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘too big to fail,’ to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services […]


Market Recession: Here’s What it Means for the Mortgage Industry

Posted Posted in Mortgage Fraud Expert Witness

In early March, the Mortgage Bankers Association was forecasting total mortgage originations for 2020 would eclipse 2019’s totals by 20.3%.  They predicted volume exceeding $2.6 trillion in the U.S. for the year.  New purchases would jump 8.3% and re-fi’s would double previous predictions, growing by a whopping 26.7%. As 2020 started, many lenders were struggling […]

Deja Vu All Over Again

Posted Posted in Mortgage Fraud Expert Witness

I AM SURE EVERYONE IN THE MORTGAGE INDUSTRY REMEMBERS THE FINANCIAL MELTDOWN OF 2008. Most of the destruction was done by pools of Subprime loans that all too often were not as represented and simply didn’t perform. The damage was extensive and worldwide. In fact there are still civil cases in our courts and many […]