Servicing

The Consumer Financial Protection Bureau is planning stronger disclosure requirements for reverse mortgages as more evidence emerges that senior citizens are using the product without fully understanding its main features and risks.

It's not easy being a residential property appraiser these days.

The Consumer Financial Protection Bureau should outline what constitutes potentially "abusive" acts or practices.

The Federal Circuit Court of Appeals has affirmed a lower court decision holding that the patent infringement asserted against MarketLinx, a business unit of CoreLogic, was invalid.

The average rate for a 30-year fixed-rate mortgage during the week ending July 5 dropped by four basis points to yet another record low of 3.62%.

About half of the 31 failed-bank resolutions in 2012—as of June 30—involved an acquirer purchasing a whole bank without any loss-sharing from the FDIC.

There are ways the Federal Housing Finance Agency could structure a principal reduction program and prevent strategic defaults, which the agency is “deathly afraid of."

Amid growing controversy fueled in part by the new mortgage servicing rules to be finalized by the Consumer Financial Protection Bureau next year, the debate over the validity of lender-placed insurance is in full swing and expected to continue.

Most insiders support the Consumer Financial Protection Bureau's plan to give lender-placed insurance a makeover.

It's no secret that many of our cities are financially strapped for cash as their expenses continue to outweigh their revenues year after year.However, declaring bankruptcy is not necessarily the answer.