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
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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The failed tests include sending pre-foreclosure letters to borrowers and notifications to people seeking mortgage modifications.
The bank told an independent settlement monitor it has completed more than half of the consumer relief portion of a $13 billion settlement.
The outspoken lawmaker isn't thrilled about a provision in a spending bill that the House passed last week, but she saves most of her criticism for one Wall Street giant.