The Justice Department said that members of the military whose properties were wrongfully foreclosed are eligible to receive a total of $311 million in compensation from five large mortgage servicers.
The Mortgage Bankers Association is disappointed that the Consumer Financial Protection Bureau has not provided an explicit temporary safe harbor for lenders who have made a good-faith effort to implement new disclosures.
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis.
A federal grand jury has charged a Columbus man with fraud, money laundering and tax evasion in connection with his mortgage fix-it business.
» Why TRID Grace Period Still Leaves Lenders Vulnerable
» Why CFPB Should Make Lenders Separate Appraiser, AMC Fees on TRID
» How to Make a Vendor Prove It Really Is 'TRID-Ready'
» Lenders Better Have a Good Reason for TRID Estimate Change
» Presidential Politics Offer a Branding Lesson for Lenders
» Is Your Lending Institution a Desirable Target for Acquisition?
» No Doubt About It, MSAs Must Go
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