The largest US mortgage lender is reportedly being investigated by the CFPB for yet another scandal
HARP refinances made up 3% of all refinancing activity during the second quarter
JPMorgan tweeted earlier this week that they were taking questions on the hashtag #ASKJPM. Predictably, it all went horribly wrong.
The Consumer Financial Protection Bureau has backed down on a rule that would have wound title insurance into total costs listed on a mortgage form after industry pressure.
In a party-line vote, the Senate has invoked the "nuclear option," ending Republicans' ability to filibuster presidential nominees.
Republicans blocked Rep. Mel Watt's confirmation as FHFA director -- the first time a sitting Congressman has been denied for a presidential nomination in 170 years. But Harry Reid says the fight's not over yet.
The lending giant has asked a federal judge to impose no penalty despite being found liable for fraud over the sale of shoddy mortgages by its Countrywide Financial unit.
The head of the Consumer Financial Protection Bureau announced a new rule to simplify mortgage forms Wednesday – but some industry groups are calling it an undue burden on smaller lenders.