The mortgage servicing giant is not having a good week
Ocwen couldn’t catch a break Thursday; immediately after more than 20 states hit the servicer with enforcement orders, the CFPB announced it was suing the company
The mortgage interest tax deduction is considered to be one of the most equitable Bush-era tax breaks since virtually all American borrowers and taxpayers can take advantage of it.
Many States such as Nevada, Arizona, and even Utah are imposing stiff fines for paying broker fees on residential hard money loans.
In today’s lending environment, a loan from your friendly banker on an investment property is nearly impossible to get. Many investors have held onto their income-producing investment properties through the meltdown in real estate.