A former bank president has been convicted of multiple counts related to several multimillion-dollar fraud schemes
A state commerce department has slapped a company with a hefty fine and instructed it to lower rates by 43% after finding that it overcharged customers for mortgage insurance
In a heated, four-hour hearing, Congress grilled the FHFA director over his agency’s efforts to help more people obtain a mortgage. The GOP fears new housing policies will lead to another crash while Democrats say they are necessary.
Many homeowners in the bottom third of markets are emerging from negative equity and are finally in a position to sell, just in time for millennials to enter the housing market in greater numbers in 2015.
The two big banks will pay big for their roles in an illegal mortgage kickback scheme.
The implementation of the CFPB's TILA-RESPA Integrated Disclosure rule is only a few months away. And while the bureau states the new rule will help consumers better understand the mortgage process, not everyone agrees.
The U.S. Justices gave struggling home owners more ability to cancel their mortgages if lenders don’t provide the required disclosures -- a setback for the mortgage industry.
Quite possibly. A newly formed mortgage company set its eyes on standing out and did just that with a unique promotion and video to go along with it.