As much as can be said about how the recent mortgage crisis happened, who was at fault and how it could have been prevented, the fact that many borrowers were casualties of the mortgage meltdown is ...
PNC Mortgage operates a primary serving center in several office buildings in Miami Twp. Employees working here handle customer loan payments, escrow accounts, customer service and other functions, ...
Creditors should double check the bankruptcy status of a debtor/borrower before pursuing collection. As a pending case illustrates, pursuing collection of an initially reaffirmed, but later discharged ...
Bank of America wants a bigger slice of the mortgage market. This time, the bank is being more careful about how to get it. On Thursday, the bank sketched out plans for regaining some of the ground it ...
Mortgage rates continue to carve out the unlikeliest of victories in 2020 with significant help from coronavirus. The epidemic has taken a year that was almost certain to start off with a steady move ...
The reverse mortgage industry hoped for the best and prepared for the worst shortly after the onset of the COVID-19 coronavirus pandemic, but industry leaders from some of the top lenders in the space ...
“Devastating mortgage crisis left pain and lessons in its wake” seems to have much pain and few lessons in it. Not until paragraph 30 do we hear the banks’ “suffering” was largely “self-inflicted, the ...
Sue Woodard argues mortgage firms still rely too heavily on top producers, design processes for internal needs over borrower needs, and underestimate AI adoption. The piece recommends playbooks, ...
Much of the innovation in the U.S. mortgage industry over the last several decades has been aimed at streamlining the origination process and, on the darker side, getting creative about loan approvals ...
Lessons To Learn From Mortgage Lending in Australia: Maybe only a friendly foreigner could say this. But America needs to realize that not everyone can own a home. The American Dream of home ownership ...
The mortgage industry has evolved drastically since the 1990s. The industry has seen recessions and periods of booming growth, the rising and falling of interest rates, and key process overhauls, ...
In an interview with this newspaper, Chamberlain discussed lessons learned from the financial crisis and how PNC plans to grow mortgage customers as the housing market recovers from the 2008 crash ...