Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
After hitting a 20-month low, mortgage rates broke out this week after an extended period of calm.
Tax breaks for homeowners should be safe, for now… U.S. foreclosures increase … Queens rents increase by 30%… Metro Denver lacks housing supply…
The CFPB is taking action against three lenders for alleged false advertising
The whistleblower who brought JPMorgan Chase to its knees and cost the bank a $13 billion settlement doesn’t think the bank has suffered enough.
More trouble is brewing as one of the 10 largest shareholders at HLSS has filed a lawsuit, making it the latest in a line of suits filed against the mortgage company over its relationship with Ocwen.
The U.S. Justice Department has settled with five of the nation’s largest mortgage servicers over unlawful foreclosures that violated the Servicemembers Civil Relief Act.