COF Sailing Along Into Q3

Capital One Financial Corporation reported net income of $1.1 billion or $1.87 per diluted share in the second quarter of 2013, compared with $1.0 billion or $1.79 per diluted share last quarter, and $92 million in second-quarter 2012. Last year’s results reflected significant purchase accounting impacts as Capital One closed the acquisition of HSBC U.S….

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Mortgage Lenders Responsabilities

Responsibilities that Mortgage Lenders Should Know: Part II

Mortgage lenders face immense responsibilities when they lend. Non-compliance with requirements and standards is out of the question. Therefore, lenders must be vigilant about meeting their obligations with accuracy. To that end, lenders must become adept at understanding their responsibilities so they can install reliable processes for granting mortgage loans. Emphasis on Quality Control To…

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