Although the CFPB director hasn’t commented publicly on it, rumors have long swirled that he intends to run for governor of Ohio
The embattled servicer will pay a minimum of $49 million to settle allegations arising out of the same issue that netted it a $150 million fine in 2014
The serious delinquency rate on mortgages for single-family homes has fallen to its lowest level since 2008
The CFPB wants mortgage lenders to back off using marketing services agreements -- and it's willing to levy fines to make it happen
A Texas-based servicing company will have to pay $1.6 million for blocking consumers' efforts to save their homes from foreclosure
The beleaguered servicer still turned a profit in Q2, but saw a steep decline from its first-quarter revenue
Once a graveyard of empty homes and condo units following the collapse of the stock market in 2008, the Florida housing market has finally found its legs and is running full tilt – and that has mortgage lenders and investors smiling.
Policies favored by U.S. mortgage servicers may cause negative effects in communities where homes are foreclosed upon, a new study says.