Mitchell Sandler News Today

Debt from "buy now, pay later" credit accounts can be difficult for mortgage professionals to navigate as they look to qualify a borrower.

“What do hospital gowns and insurance policies have in common? You’re never covered as much as you think you are.” Although loan officers are not insurance experts, they are seeing the escalating cost of homeowner’s insurance impact affordability. (Last Friday’s TMC show focused on why insurance costs are rising.) Insuring homes is not the only issue, however. The average bill for the repair of an American vehicle is $4,437, and for an electric vehicle that is ...

“Affordable” means many things. There are residential lending industry jokes about making a loan on anything with axles or a license plate. (Like “don’t.”) Being “permanently affixed” is usually in the underwriting guidelines, which makes this story about someone having their driveway stolen very interesting. (In this clip a builder explains how the scam works.) There are plenty of trends in the builder world, one of which is “build for ren...

Our Federal Reserve doesn’t control events around the world, like a ship being stuck in the Suez Canal, or the current Red Sea geopolitical aggression, which can impact our inflation rate or how much money companies or individuals earn. The world changes. What was it like going to a concert 60 years ago? This will give you an idea. Concerts have become huge moneymakers. Along those lines, but in a different industry, the Financial Times reports that JPMorgan took almost a fifth of total U...

Movement accuses Summit's CEO Todd Scrima of leading a corporate raid with the help of former Movement managers. Movement accuses Summit's CEO Todd Scrima of leading a corporate raid with the help of former Movement managers.

This morning (as I head to Chicago) and every morning, I keep myself sharp by regularly asking myself the tough questions like, “What happened yesterday?” and “What was I planning on doing just now?” Looking forward, as some attendees of last week’s conference made note of the MBA Annual’s dates in Denver for next year butting up against Halloween, successful salespeople will tell you that many of their best business meetings last week, or at any confere...

And House Republicans are ramping up their drive to impeach DHS Secretary Alejandro Mayorkas.

Washington, D.C.-based Mitchell Sandler LLC, a women-managed and women-owned boutique financial services firm, announced Tuesday that it has named a Federal Reserve Board veteran of seven years as its latest lateral hire to the firm's regulatory and enforcement practice.

HW's Women of Influence award honors leaders who are making notable contributions to their businesses and the housing industry at-large.

Revised guidelines permit playing two roles in an FHA transaction, but if its not properly set up, this arrangement can violate RESPA Section 8 legal experts say.