The government accused the mortgage company of falsely certifying loans for the FHA insurance program
Loosening underwriting standards may cause trouble
The model allows lenders to shorten closing times and minimize origination costs
Barbara Yolles joins the company from United Shore Financial Services
The largest US mortgage lender is reportedly being investigated by the CFPB for yet another scandal
HARP refinances made up 3% of all refinancing activity during the second quarter
A positive outlook for the general economy drove the increase
Bills that reform regulations and fund low-income housing are on the table