Although the CFPB director hasn’t commented publicly on it, rumors have long swirled that he intends to run for governor of Ohio
The embattled servicer will pay a minimum of $49 million to settle allegations arising out of the same issue that netted it a $150 million fine in 2014
The market share of purchase mortgages that closed in October reached its lowest level since August 2011.
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.