The New York attorney general is reportedly investigating reverse mortgage servicing practices at units of Nationstar Mortgage and OneWest bank
Former homeowners, speaking before the Senate, urged the rejection of Steve Mnuchin’s nomination as Treasury secretary after foreclosure issues with OneWest bank
The coming of new regulation never seems to end, and having an effective compliance management system has become an essential to running an effective organization in the industry.
In a speech Wednesday, the outspoken senator called on lawmakers to cap the size of the largest financial institutions and limit emergency lending by the Fed to troubled institutions.
Legislation that would bring more transparency and accountability to the CFPB passed the U.S. House of Representatives with very few opposing it.
Zillow mortgages now also on Trulia…Housing starts lower than expected… Builder confidence rises… Apartment used in ‘Ghost’ goes on sale…
The final rule includes additional instructions for providing housing counselor information and features an online tool lenders can use.
The technological arms race for TRID could provide the originators and servicers of the mortgage industry with more innovation that will come from vendors refreshing their technologies.