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Alternative mortgage lenders are changing home buying
http://www.csmonitor.com/Business/Saving-Money/2016/0110/Alternative-mortgage-lenders-are-changing-home-buying
Alternative mortgage lenders are changing home buying If you're looking for a mortgage, there's one less reason to walk into a bank these days. Alternative mortgage lenders — non-bank companies without customer deposits — are transforming the mortgage industry. Their goal: To offer mortgage rate

Big banks retreating from home loan business
http://www.cnbc.com/2016/01/19/big-banks-continue-retreat-from-mortgages.html
Big banks retreating from home loan business Bank of America on Tuesday reported lower mortgage banking income for the fourth quarter, both year over year and compared to its third quarter. A highlight might be that the company generated more income on an annual basis from mortgage banking; 

Another big bank settlement will pay Delawareans
http://www.delawareonline.com/story/news/local/2016/02/05/bank-settlement-hsbc/79895394/
Another big bank settlement will pay Delawareans About 240 Delawareans could get payouts from mortgage firm HSBC and others could see their mortgages restructured because of a new multi-state settlement with the company connected to the 2007 mortgage crisis. Attorney General Matt Denn announced 

UK bad bank scraps plan to sell mortgage process unit
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/12134606/UK-bad-bank-scraps-plan-to-sell-mortgage-process-unit.html
UK bad bank scraps plan to sell mortgage process unit By outsourcing the servicing unit “we significantly reduce the risk of losing our best people, of not understanding the products and of giving poorer service as a consequence.” In contrast with UKAR, Computershare can also run mortgages for other lenders.

Sue Your Bank, Mortgage Company Realtor, Trash Out Companies - Learn How for FREE!

Hit them where it hurts! If you've been fooled, lied to and abused by your bank and mortgage company, then it's time to strike back. The ...

HomeStreet Bank retreats from mortgage space

Months after announcing more than 100 job cuts in its mortgage division, HomeStreet Bank is now seeking to exit the mortgage business almost completely.

Homestreet, Inc., the parent company of HomeStreet Bank, has announced that it is seeking buyers to acquire its standalone home loan centers “and related mortgage origination personnel.” The company is also seeking buyers for the majority of its single-family mortgage servicing rights.

“The board of directors made the difficult decision to explore the potential sale of our mortgage banking business after extensive deliberations, ultimately concluding that this potential change would be in the best long-term interest of the company and its shareholders,” said Mark K. Mason, chairman, president and CEO of HomeStreet. “We are considering a sale at this time after having taken substantial steps in the last two years to improve the profitability of our mortgage-banking business while expecting a near-term recovery in industry volume and profitability. Unfortunately, it is still unclear when, and to what extent, industry conditions will improve.

Deutsche Bank, Fearing Default, Weighed Extending Trump Loans: Report

Go-To Lender

Deutsche Bank had been Trump’s go-to lender for decades, even as other commercial banks stopped doing business with him because of multiple bankruptcies. Although the German lender’s investment bank had severed ties with Trump during the financial crisis, after he defaulted on a loan and then sued the bank, its wealth management unit continued to extend him credit.

But, as the New York Times first reported, Deutsche Bank had already turned down a request for a loan from the Trump Organization for work on a Scottish golf course in early 2016, during the campaign, in part because of concern that it might have to collect from a sitting president.

The head of the retail bank at the time, which includes the wealth management unit, was Christian Sewing, who replaced Cryan as CEO in April. Sewing initially favored approving the loan application, but he submitted it to Deutsche Bank’s reputational risk committee, which recommended turning it down, according to a person familiar with the matter. Sewing supported the decision, the person said. The Trump Organization said it never sought such a loan.

Can you sue a bank or mortgage company for running your credit report without a signature?

Can you sue a bank or mortgage company for running your credit report without a signature?


no, they have a legitimate need to know your score, since you are seeking a loan.