Serious mortgage defects have been on the rise ever since the implementation of TRID in October 2015. Now, finally, they’re on the decline again
Democratic lawmakers have been harshly critical of the nomination of Dr. Ben Carson to head up HUD, citing the retired neurosurgeon’s lack of expertise. But housing industry leaders are taking a more hopeful view
The former Countrywide executive is collecting millions for helping federal prosecutors force Bank of America to pay a record $16.7 billion penalty.
The U.S. Senate has approved a bill that includes deductions for mortgage insurance premium interest and tax relief on forgiven mortgage debt.
A U.S. credit union regulator has filed a lawsuit claiming the banks sold $5.8 billion in securities to five corporate credit unions that later failed after the products lost value.
President Obama signed an act this week that included HUD’s new budget and delayed a program that would have saved borrowers hundreds a year.
As many experts have pointed out, mortgage credit is too tight and a new report suggests the uncertainty around servicing delinquent mortgages may be to blame.
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