Under a proposed plan, companies like Equifax would have to comply with New York cyber security regulations or be barred from doing business in the state
Both borrowers and lenders should be prepared for fallout from the massive data breach
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.