It took just one sentence in the 2,300-page financial reform law to end federal preemption for mortgage lenders that operate as subsidiaries of national banks…
Stripped of preemption, banks expected to roll up mortgage units
Most Popular Articles
Latest Articles
Former Ginnie Mae president reacts to lawmaker’s reverse mortgage securities letter
Ted Tozer hopes that Sen. Mike Braun dives deeply into why Ginnie Mae seized the servicing portfolio of a reverse mortgage lender in 2022.
-
Financial planner: Reverse mortgages can help retirees with high property taxes
-
MBA issues support for real estate finance bills debated by Congress
-
Supreme Court denies HomeServices’ petition in commission suit
-
Home prices kept climbing at a brisk pace in March: First American
-
California home sales sink in March