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With eight months to go before new mortgage rules from the Consumer Financial Protection Bureau take effect, credit unions are struggling with how to respond.
April 8
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We're hearing some of the dirty little captive mortgage reinsurance entities lenders created to snare a percentage of premiums were not facades and actually paid claims on defaulted loans.
April 5
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The latest housing scorecard suggests compiled housing and program indicators continue to show relief is aiding recovery, and the latter is still fragile.
April 5 -
A judge approved Bank of America’s $2.4 billion settlement with investors who lost money as a result of its acquisition of Merrill Lynch.
April 5 -
Preparing for a Consumer Financial Protection Bureau exam means implementing requirements in the CFPB's 800-plus page exam guide. In other words, there is no crash course.
April 5
Offit | Kurman -
Stewart Title Guaranty Co. has created a Trusted Provided Program, where those agencies and attorney agents who pass the screening can show consumers a seal proving they have been vetted and verified.
April 5 -
A Senate Banking subcommittee will examine the role of independent consultants in the financial services industry, including Promontory Financial Group.
April 5 -
Hundreds of servicemembers who lost their homes due to foreclosure between 2006 and 2010 are set to recover over $39 million in monetary relief.
April 5
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Mortgage bankers we spoke to recently felt there is no new bubble forming, and that what is happening is a normal correction. We hope they are right!
April 5
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Golden First Mortgage Corp. and its owner, David Movtady, were sued by the U.S. for allegedly defrauding a federal mortgage insurance program.
April 5
