Cyprexx: Discrimination charges “frivolous”

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans
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The Ticker

Taking the first steps to implement TILA-RESPA

The who, what and when of compliance
July 25, 2014
As we rapidly approach the start of the 1-year countdown to TILA-RESPA go-live, it’s time that we transition from our theories and tire-kicking into planning mode.
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RTS Pacific, Regional Trustee Services complete asset purchase agreement

New company expands Butler & Hosch brand into Seattle
July 24, 2014
Regional Trustee Services announced it completed an asset purchase agreement. Under the purchase, the complete assets including client base, open matters and employee base, are transferred from Regional Trustee Services Corporation to RTS Pacific.
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How hard is it to get a mortgage?

Depending on your circumstances, it’s not as hard as you may think
July 24, 2014
The Wall Street Journal identifies two distinct segments of potential borrowers — one can get credit fairly easily while the second group has a significantly more difficult time.
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Florida AG joins CFPB, FTC enforcement sweep

Announces four actions
July 24, 2014
Florida Attorney General Pam Bondi added her name to the list of states that filed a joint federal-state enforcement sweep targeting foreclosure scam operations, announcing four additional actions.
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The 7 dumbest big purchases — a house isn't one of them

July 24, 2014

Typically these items are just downright absurd, yet we've convinced ourselves that they're an important, practical, or smart purchase anyway. 


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CFPB proposes HMDA rule changes

Works to keep pace with market
July 24, 2014
The Consumer Financial Protection Bureau is proposing a new rule in order to improve information reported about the residential mortgage market and communication with consumers.
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What happens when consumers can shop for settlement services?

TILA-RESPA rule requires a list for consumers to choose from
July 24, 2014
Creditors are going to be required to provide a written list of providers (at least one), and obtaining/delivering this information entails added administrative work.
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Single-family rental companies swallow small investors

Small companies priced out of market
July 23, 2014

Smaller investors with limited capital or deadlines to repay investors are now selling houses as bigger firms eagerly wait to buy them out.


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IMF forecasts interest rates lower than Fed's estimates

Rate path well below Fed's median rates
July 23, 2014
The Federal Reserve will be able to hike rates gradually given the slack in the labor market and continued low inflation, with the first rake higher likely to come in midsummer of 2015, according to the International Monetary Fund.
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Google workers disturb homeowners' peace

Google said it responds to complaints
July 23, 2014
Google Fiber contractors are supposed to leave property in the condition they found it or better. According to local press in Kansas City, this isn't always the case.
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