Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
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Items Tagged with 'Consumer Financial Protection Bureau'

ARTICLES

Roughly 20,000 Florida homeowners go unserved

Ocwen settlement deadline approaches fast
Brena Swanson
Eligible Florida borrowers have a little over two weeks to claim their share of the giant Ocwen Financial Services settlement, with just 10,244 filed claims out of 31,036 qualified Floridians.
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Flagstar mortgage servicing settlement with CFPB imminent

Bank holds little to no reserve for issue...
Brena Swanson
Before Flagstar Bancorp can celebrate its strong comeback in its second-quarter earnings, it has to deal with a small blip on its record that deals with mortgage servicing issues dating back to 2011.
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Pavaso CEO: CFPB eClosing mortgage pilot “historic event”

Makes buying a home easier for all Americans
Brena Swanson
“This is a historic event for not only Pavaso, but for the entire industry as we establish a foundation for electronic business in mortgages and the real estate industry,” said Mark McElroy, president and CEO of Pavaso.
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Here are the 12 lucky firms that landed the CFPB eClosing pilot program

Group explores benefits of technology in mortgages
Brena Swanson
It’s here. The anticipated list of participants in the Consumer Financial Protection Bureau’s mortgage eClosing pilot program was released Thursday, with 12 companies now helping pave the way into streamlining the mortgage process.
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CFPB expresses “heightened” concern over MSR transfers

New bulletin reminds servicers of responsibilities to borrowers
Ben Lane
In the new bulletin, the CFPB said that it is reminding servicers of their responsibilities to borrowers, “in light of potential risks to consumers that may arise in connection with transfers of residential mortgage servicing rights.”
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MMCC: CFPB adds new leadership; Millions of prevented foreclosures

Drastic climate changes impact housing
Brena Swanson
Although it has been five years since the financial crisis, a new study shows a lot more people should be thankful due to one key solution that helped prevent 1.4 million foreclosures. Meanwhile, the CFPB hired a new executive to add to its team of housing watchdogs.
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CFPB takes action against Amerisave Mortgage

Mortgage firm to pay $19.3 million
Brena Swanson
After deceiving tens of thousands of mortgage customers with a bait-and-switch loan scheme, Amerisave Mortgage is now required by the CFPB to pay $19.3 million.
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CFPB obtains $92M for predatory lending scheme

Service members given false promises
Brena Swanson
The Consumer Financial Protection Bureau and 13 state attorneys general obtained approximately $92 million in debt relief for about 17,000 U.S. service members and other consumers harmed by Colfax Capital Corporation and Culver Capital.
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Florida AG joins CFPB, FTC enforcement sweep

Announces four actions
Brena Swanson
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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CFPB proposes HMDA rule changes

Works to keep pace with market
Brena Swanson
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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