How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
W S
Servicing / The Ticker

Kentucky AG sues MERS

/ Print / Reprints /
| Share More
/ Text Size+

The owner of millions of mortgages nationwide, including about 300,000 in Kentucky, is nothing more than “a ghost” set up by the mortgage industry to avoid complying with Kentucky real-estate law, Attorney General Jack Conway charges in a lawsuit filed Wednesday.Conway said Kentucky is the fourth state to sue Mortgage Electronic Registration Systems, an entity made up of such major mortgage servicers as Bank of America, CitiMortgage and Wells Fargo, as well as the government-backed mortgage buyers Fannie Mae and Freddie Mac.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus