The transaction is the second-largest in the company's history
The group says that the CFPB's claim that it lacks authority to ensure MLA compliance is categorically false
Cash has been king since 2008 when the market crashed. Because so many toxic banks were taken over by the FDIC, they established various bidding platforms whereby assets are bundled and then offered for sale to qualified, registered bidders.
As most people in the mortgage lending industry well know, the Dodd-Frank and the Consumer Protection Act have made it even more difficult for consumers to obtain loans by trying to “protect” them.