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 new integrated disclosure rule set to take effect in August will combine some disclosures consumers receive when applying for a mortgage. We asked mortgage pros how they think the new rules will affect business.
Concerns over the GSEs weak earnings “should serve as a wake-up call to Congress to move quickly to advance housing finance reform,” according to NAHB chairman.
The two banks are inching closer to a settlement with federal litigators regarding allegations the two Wall Street companies mislead investors in mortgage bonds that decreased in value during the economic downturn.
Are builders only interested in the needs of the affluent?... Reuters poll: U.S. housing market to gain steam… Prices set to rise says Kroll Ratings…
The share of distressed sales in December reached a seven-year low and is inching closer to the pre-financial crisis share of 2%.
The former Senate Banking Committee chairman's letter asks for changes to the QM rule. There's only one problem: it seems to be a fake.