Michigan AG to probe DocX signatures

by New York Public LibraryMichigan Attorney General Bill Schuette said this week he would look into questionable mortgage documentation filed in the state's Register of Deeds offices, particularly those linked to DocX. The investigation comes after receiving a...

Mortgage industry readies for pit bull CFPB

by suttonhooAn article in Tuesday's American Banker reminds us that the top spot at the Consumer Financial Protection Bureau remains up for grabs. Furthermore, two options are mentioned for the president-appointed position: a "safe" candidate or an...

Foreclosure side effect: Bidding wars

by New York Public LibraryA story in today’s Journal shows that the housing market is so broken that home prices are falling amid more competition for homes. The factors feeding the competition stem from the fact that many traditional homeowners can’t or won’t sell,...

Expanding a financing Facebook for lenders

by Okinawa SobaMartin Goodman (pictured top) and Robert Hodes (pictured bottom) are expanding their online business that puts lenders and investors directly in touch with one another. The goal, according to the president/founder and director of institutional accounts,...