JPMorgan has officially settled allegations that it charged higher interest rates to minority borrowers
The CFPB hit both CitiFinancial and CitiMortgage with fines, saying the servicers kept borrowers in the dark about ways to avoid foreclosure
Today, along with the Federal Trade Commission (FTC), our Office of Enforcement sent letters to a number of lenders concerning potential violations of the Mortgage Acts and Practices – Advertising (MAP) Rule, a new rule that took effect in August 2011.
I recently found about a new mobile app for iPhone and iPad called ‘HomeSnap.’ This app is gaining popularity among realtors and real estate investors. This app allows you to take a photo or “snap” of any home with your iPhone or iPad.
The Federal Housing Administration will raise annual premiums by 10 basis points, sell 10,000 delinquent loans per quarter and boost relief for borrowers as part of a plan to improve the agency’s finances, U.S. Housing and Urban Development Secretary Shaun Donovan said today.