Evan Nemeroff | May 21
Both Freddie Mac and Fannie Mae are providing relief policies for borrowers who have been affected by the devastating tornado that struck Oklahoma and other nearby states.
Kevin Wack | May 21
The five banks that are part of the national mortgage settlement have now provided more than $50 billion in benefits to consumers.
Amilda Dymi | May 21
The consumer relief data sent to the mortgage settlement monitor show that within the first year since servicers signed the agreement they have distributed $50.63 billion in direct relief to customers.
Amilda Dymi | May 21
All eyes are on Texas legislators who in the next few days will determine how the state may use roughly $124.7 million in national mortgage settlement funds while some insiders worry about potential diversions.
Bloomberg News | May 21
Fannie Mae and Freddie Mac are exempt from Michigan’s state and local real estate transfer taxes, a U.S. appeals court ruled.
Amilda Dymi | May 21
Fay Servicing is seeking to hire experienced mortgage professionals living in the greater Chicago area.
Bonnie Sinnock | May 20
Home equity lines of credit increased almost 16% in February 2013 compared to the same month a year ago, rising to $12.4 billion from $10.7 billion.
NMN Staff | May 20
The lowest credit score which is supposedly available for loans to meet the Federal Housing Administration program standards is 580.
Jeff Horwitz, Kate Berry | May 20
Wells Fargo and Citigroup have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency.
Jeff Horwitz | May 20
New York Attorney General Eric Schneiderman is revising his allegations of foreclosure settlement violations by Wells Fargo and Bank of America.
Brian Collins | May 17
The Consumer Financial Protection Bureau has taken an enforcement action against a Dallas builder who allegedly referred customers to local mortgage lenders and received illegal kickbacks.
Brian Collins | May 17
Republican senators are becoming suspicious of the huge amount of consumer data the Consumer Financial Protection Bureau is buying and collecting.
Brian Collins and Mark Fogarty | May 17
We're hearing that it is going to take a concerted industry effort to get a legislative fix for the QM rule on loan officer compensation.
Jeff Horwitz, Kate Berry | May 17
Wells Fargo and Citigroup have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency.
Evan Nemeroff | May 17
The commission ordered Thomas Richter and Girard Finance Co. to cease discriminatory lending practices and pay a total of $668,951 to seven borrowers for damages plus humiliation and suffering.
