The beleaguered bank is giving customers affected by the fake-accounts scandal more time to sign on for the settlement
Potential sellers find little incentive to sell as rates go higher
After nearly three years and hundreds of thousands of property purchases, the nascent single-family rental industry is at a crossroads in terms of future growth and long-term staying power. So how will these players will cash out of their property portfolios?
The former Countrywide executive is collecting millions for helping federal prosecutors force Bank of America to pay a record $16.7 billion penalty.
The U.S. Senate has approved a bill that includes deductions for mortgage insurance premium interest and tax relief on forgiven mortgage debt.
A U.S. credit union regulator has filed a lawsuit claiming the banks sold $5.8 billion in securities to five corporate credit unions that later failed after the products lost value.
President Obama signed an act this week that included HUD’s new budget and delayed a program that would have saved borrowers hundreds a year.
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.