News
The Consumer Financial Protection Bureau’s final rules stemming from the Truth in Lending and the Good Faith Estimate disclosure forms rank as compliance officers' top concern, according to a new survey from QuestSoft.
The compliance software company...
Janet Yellen, vice chair of the Board of Governors for the Federal Reserve System, told a roomful of journalists that the Fed's accommodative policies have succeeded and communication about long-term Fed strategies is vital to the effectiveness of quantitative easing.
The...
In the wake of the public robo-signing scandal, Florida lost several large default servicing law firms that felt the perpetual sting of reputational damage.
Fast-forward a few years later, and now the Law Offices of Clunk, Hoose & Associates is entering the Florida...
While it’s no surprise that Fannie Mae and Freddie Mac guaranteed the majority of new residential mortgage originated throughout the nation, the government-sponsored enterprises also guaranteed about half of the outstanding residential mortgage debt, the...
The Consumer Financial Protection Bureau reached a deal with four major mortgage insurers, requiring the firms to pay a total of $15 million in penalties for allegedly paying kickbacks to lenders in exchange for business.
The CFPB cited the following firms:...
Safeguard Properties announced the opening of its new operation in Richardson, Texas, which will bring more than 200 jobs to the community.
Headquartered in Valley View, Ohio, Safeguard has three additional locations in Ohio and Kentucky....
Safeguard Properties announced the opening of its new operation in Richardson, Texas, which will bring more than 200 jobs to the community.
Headquartered in Valley View, Ohio, Safeguard has three additional locations in Ohio and Kentucky....
The now defunct independent foreclosure reviews launched by federal regulators to detect mortgage servicing issues became tainted by a lack of clarity, transparency and consistency, the Government Accountability Office says in a new report.
Federal regulators finalized a...
The now defunct independent foreclosure reviews launched by federal regulators to detect mortgage servicing issues became tainted by a lack of clarity, transparency and consistency, the Government Accountability Office says in a new report.
Federal regulators finalized a...
Fixed-mortgage rates dipped this past week as uncertain economic data indicated a slowdown in manufacturing, Freddie Mac said in its latest Primary Mortgage Market Survey.
The 30-year, fixed-rate mortgage has seesawed around 3.5% for the past two months, coming in at 3.54...
Buying a single-family property and renting it out can certainly be profitable, but monthly yield is largely determined by local home prices and market dynamics.
To steer investors in the right direction, RealtyTrac just released its list of the top 20 single-family rental markets.
...Loan provider Springleaf Financial is adding fuel to the private-label residential mortgage-backed securitization market by embarking on its first deal of the year.
The platform, Springleaf Mortgage Loan Trust 2013-1, expects the deal's total unpaid principal balance to...
Loan provider Springleaf Financial is adding fuel to the private-label residential mortgage-backed securitization market by embarking on its first deal of the year.
The platform, Springleaf Mortgage Loan Trust 2013-1, expects the deal's total unpaid principal balance to...
Coldwell Banker Real Estate announced it has acquired the assets of two Florida companies, allowing the firm to expand its reach in the market.
The two companies are Pruitt Real Estate, which has approximately 70 sales...
Foreclosures are still a dominant force in New York with filings increasing 53% annually in the tail end of 2012, partly due to market disruptions from Superstorm Sandy.
However, foreclosure filings fell significantly from the same time period in 2011, when various boroughs including the...