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Nationstar Mortgage agreed on Wednesday to pay $1.75 million to the Consumer Financial Protection Bureau for failing to accurately report home mortgage data that is used to identify discrimination.
March 15
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HSBC has met the consumer relief requirements set out under the National Mortgage Settlement, according to the latest report from the settlement's monitor.
March 14
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On the eve of delivering money to help flood victims rebuild their homes, the federal agency is demanding Louisiana repay $6.6 million because of sloppy handling of funds for building low- and moderate-income housing over the past decade.
March 14 -
Walter Investment Management Corp. narrowed its fourth-quarter losses, as disappointed CEO Anthony Renzi called the nonbank lender and servicer's third consecutive annual loss "not acceptable."
March 14
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Banks are stepping up their efforts to win a key exception to the Consumer Financial Protection Bureau's "Qualified Mortgage" rule.
March 13
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The Department of Housing and Urban Development and Alpine Bank & Trust have reached an agreement to resolve claims that the lender discriminated against African-American and Hispanic mortgage applicants.
March 10 -
Republicans repeatedly claim that the Dodd-Frank Act has hurt consumers by raising costs and hampering credit availability. But the data doesn't back that up.
March 10
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The debt is costing taxpayers $4 billion a year, but rather than forgive it Republicans remain focused on creating a private flood insurance market.
March 9
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In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.
March 9
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Freddie Mac is preparing a transaction that transfers credit risk on $640 million of super-conforming residential mortgages.
March 9
