The credit reporting agency sold scores it said were considered by lenders. Not so much, says the CFPB
A German bank alleges that the New York financial institution was negligent in its role as trustee for soured mortgage bonds
Real estate investors purchase tax lien certificates to collect taxes plus any accrued interest. It is an attractive investment, and many investors can receive a steady income while collecting their investment from property owners during the redemption period. As tax lien holders, real estate investors can receive a high return on their investment, because interest rates that accrue on tax certificates range between 5% and 36%. Many investors consider purchasing tax lien certificates as a potentially profitable investment, because most property owners generally pay the back taxes prior to the expiration of the redemption period.
The National Association of Realtors® today urged Congress and the Administration to develop a broadly-defined Qualified Mortgage (QM) regulation.