News

  • Real estate broker sentenced in mortgage scam by Ryan Smith

    A former California real estate broker has been sentenced to 10 years in prison for bilking elderly homeowners and lending institutions out of nearly $10 million in an 11-year mortgage scam

  • Bank to pay $25m over mortgage probe by MPA

    An investment bank has agreed to pay $25 million to settle civil and criminal investigations into its trading of mortgage-backed securities in the wake of the financial meltdown

  • Five hundred page mortgage apps? Readers sound off by MPA

    Last week we talked to Brian Koss, executive vice president of Mortgage Network, about the industry’s growing frustration with the ever-expanding number of documents going into a typical mortgage application

Poll

Should CFPB have more supervision over credit agencies?