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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Sep. 6: Builders tweak financing; Genworth’s take on QM & QRM; are LOs liable for illegal comp plans? You bet they are!

JPMorgan Chase will reportedly exit the student loan market next month, according to a memo obtained by the Washington Post. “We no longer see any meaningful growth in the private student lending market,” said Trish Wexler a JPMorgan representative. “We’ve just decided to invest our resources in our other businesses like auto lending, where we…

Read More “Sep. 6: Builders tweak financing; Genworth’s take on QM & QRM; are LOs liable for illegal comp plans? You bet they are!” »

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