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
We’ve taken the FFIEC 36-page proposal and condensed it for you into just a couple of pages.
The Consumer Financial Protection Bureau (CFPB) has been on a rulemaking roll lately, and one of its most recent announcements concerns loan originators and their key role in the mortgage industry.
Why would a real estate seller willfully damage a listed home with the intention of driving down the price at closing?