The internet giant is on the hook for $5.5 million for the 2014 contest, while co-sponsor Quicken Loans appears to have escaped undamaged
A Fed official says rates are only halfway back to where they should be
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.