News
Mortgage bankers cringed at the latest litigation cost estimates they could face should the Consumer Financial Protection Bureau craft the Qualified Mortgage rule without a safe harbor.
According to...
Industry representatives say they welcome the Consumer Financial Protection Bureau’s efforts to simplify mortgage lending for borrowers, but worry that the bureau is unwittingly causing future problems rather than erasing them.
Some even feel their feedback at recent...
Industry representatives say they welcome the Consumer Financial Protection Bureau’s efforts to simplify mortgage lending for borrowers, but worry that the bureau is unwittingly causing future problems rather than erasing them.
Some even feel their feedback at recent...
A new opinion from the Maryland Court of Appeals limits the amount of time homeowners have to challenge chain of title defects when dealing with a foreclosure.
The ruling essentially prohibits homeowners from raising title defect issues in court after a foreclosure sale is already...
A new opinion from the Maryland Court of Appeals limits the amount of time homeowners have to challenge chain of title defects when dealing with a foreclosure.
The ruling essentially prohibits homeowners from raising title defect issues in court after a foreclosure sale is already...
A large percentage of mortgages are tied to the now shaky Libor rate banks charge to borrow from each other, according the Federal Reserve Bank of Cleveland.
U.S. and British officials launched recent investigations into more than a dozen banks after news surfaced that...
A large percentage of mortgages are tied to the now shaky Libor rate banks charge to borrow from each other, according the Federal Reserve Bank of Cleveland.
U.S. and British officials launched recent investigations into more than a dozen banks after news surfaced that...
A House subcommittee heard renewed concerns Tuesday over a rule forcing mortgage bond securitizers to set aside even more in a cash reserve account than the 5% required under the proposed risk-retention rule.
The premium capture cash reserve account, which was not required under the Dodd-...
The American Land Title Association applauds the Consumer Financial Protection Bureau for creating its final round of prototype mortgage disclosure forms, but the association said it remains wary of a proposal that could remove settlement agents from a key part...
Quarterly home values in June improved nationally, continuing a positive trend from the spring. National prices rebounded with quarterly and yearly gains of 1.7%, according to Clear Capital, which forecast continued growth through the remainder of the year.
National home...
Quarterly home values in June improved nationally, continuing a positive trend from the spring. National prices rebounded with quarterly and yearly gains of 1.7%, according to Clear Capital, which forecast continued growth through the remainder of the year.
National home...
ServiceLink acquired Newport Beach, Calif.-based DRI Management Systems and launched a new servicing workflow platform based on DRI's technology.
Pittsburgh, Pa.-based ServiceLink, a unit of Fidelity National Financial...
The National Association of Home Builders added Houston to a list of 84 markets across the nation showing measurable and sustained improvement in their housing market.
Houston was one of several cities added to NAHB's American Improving Markets Index.
The index...
The Consumer Financial Protection Bureau on Monday released its proposed rule for mortgage disclosure forms designed to help consumers shopping for a home loan.
The agency's 1,099-page...
The Consumer Financial Protection Bureau on Monday released its proposed rule for mortgage disclosure forms designed to help consumers shopping for a home loan.
The agency's 1,099-page...