The Consumer Credit Counseling Service of Greater Atlanta has announced plans to hire approximately 45 new housing managers and counselors to help homeowners nationwide avoid foreclosure. The nonprofit agency said the hirings would be part of a larger effort to hire 130 new employees, including credit and bankruptcy counselors and customer service representatives. They will work in the agency's offices in downtown Atlanta and Duluth, Ga. CCCS can be found on the Web at http://www.cccsinc.org.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
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Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
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Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
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Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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