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
As many experts have pointed out, mortgage credit is too tight and a new report suggests the uncertainty around servicing delinquent mortgages may be to blame.
An employee at Zillow has filed a lawsuit, claiming some mortgage lenders misused the website’s co-marketing agent and lender program.
There is a wide variety of opinions on what is allowed and what is not when it comes to marketing agreements, so be careful what you sign.
However strange the facts may sound, Jesinoski v. Countrywide Home Loans case presents a scenario that has come up all too often in the aftermath of the financial crisis. And, the Supreme Court remains conflicted on which process borrowers need to follow if they want to cancel a mortgage under the Truth in Lending Act.
The court is puzzled on which process borrowers need to follow if they want cancel a mortgage under the Truth in Lending Act.
The organizations say the amendment could harm competition and are urging changes to it.