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 CFPB is working with state regulators to ensure they properly enforce new industry rules
As a result of a shifting market conditions, more mortgage companies are discovering that retaining servicing on mortgage loans results in a steady stream of income as well as a sustained book of business.
Two law firms have joined to file a class action lawsuit against the U.S. government, alleging the government violated the Fifth Amendment when it took Fannie Mae and Freddie Mac into conservatorship in 2008.
Quantitative easing and billions of investment haven’t helped housing demand as much as expected, economist says.
Indian IT and business process outsourcing companies are expected to double their revenues from mortgage process outsourcing to $316 million this year.
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