Two U.S. Congress members have requested the GAO look into the risks posed by nonbank mortgage companies, noting the firms are not regulated as strictly as banks.
The nation’s largest servicer of subprime mortgages may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, according to New York regulators.
Despite recent efforts made by officials to ease uncertainties among lenders, the industry still has a lot to do before credit begins to expand.
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Originations will continue to grow in 2015 – but with rates ...read more
The head of the largest U.S. bank said the nonbank financial ...
Mortgage brokers, who served as scapegoats during the financ ...
America's best lenders; MBA Annual; Sandi Sicilia; Shaun Hamman