Mortgage Brokers Fail to Block Federal Reserve Loan Commission Rule Two trade groups representing mortgage brokers lost their attempt to stop a Federal Reserve rule that limits commissions for loan officers in mortgage transactions from taking effect. Read more on Bloomberg Mortgage Activity Falls, Purchase Applications Rise WASHINGTON (TheStreet) — Mortgage applications fell 2% last [...]

Indiana mortgage brokers slow to complete test INDIANAPOLIS – Indiana officials say less than 60 percent of the state’s mortgage lenders have passed a federally required test to keep their licenses active even as the deadline to do so nears. Dan4th Read more on Journal & Courier