The CFPB’s enforcement actions decreased dramatically in the second quarter. Is the agency exercising caution – or preparing for a busy second half?
The U.S. housing market “remains red hot and shows no signs of slowing”
A controversial plan to save underwater borrowers has been blocked
The Department of Housing and Urban Development has claimed changes to reverse mortgages will protect borrowers from eating up their equity
Mortgage applications edged up slightly last week as rates eased off
Commercial and multifamily mortgages are improving, with delinquency rates seeing the biggest decline on record last quarter
An Oregon judge has lamented that "bigger fish" have yet to be brought to justice for the housing meltdown, while sentencing a mortgage broker to nearly five years in prison
A "strong downward trend" in foreclosures and delinquencies has continued, with foreclosure starts plunging to their lowest levels in six years