The Department of Housing and Urban Development has rescinded a policy designed to help certain widowed spouses of reverse mortgage borrowers avoid foreclosure.
A Charlotte-area whistleblower suing Wells Fargo in federal court is now facing foreclosure from the same bank.
Legislators are considering two bills to extend the state's foreclosure mediation program, which helped more than 3,200 homeowners stay in their houses from July 2013 through the end of last year.
Ocwen Financial and Assurant have reached an agreement to settle charges that the embattled mortgage servicer profited from kickbacks on force-placed insurance policies with struggling homeowners.
» How Quality Customer Service Can Keep Mortgage Lenders Compliant
» Servicers Should Engage Mediators in Distressed Borrower Outreach
» The Hidden Impact of HOA Delinquencies
» Market for MSRs Not So Lopsided After All
» Default Industry Standards Would Be Beneficial
» Debt Collection Law Warped by New Breed of Suits
» Are Servicers Ready for the Next Wave of Defaults?
» Foreclosures Are Making Americans Sick
» Low-Down-Payment Mortgages Will Again Contribute to Rising REO
» Hard Money Lenders Fear Overreach
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