by admin | May 20, 2015 | Homeownership
By Ben Lane Despite the level of student loan debt rising to well above $1 trillion, young buyers are not being inhibited from obtaining a mortgage due to their debt, according to a new report from TransUnion. According to the latest report from the Federal Reserve...
by admin | May 19, 2015 | Finances
By Brian Honea Two similar pieces of legislation introduced last month in the House and Senate that would extend tax relief to homeowners who are underwater on their mortgage loans have been referred to committees and are waiting to be heard. Congressman Tom Reed...
by admin | May 6, 2015 | Homeownership
By Ben Lane Ocwen Financial (OCN) and Assurant (AIZ) have agreed to pay $140 million to settle a massive class-action lawsuit, which accused Ocwen of artificially inflating the cost of force-placed insurance in exchange for kickbacks from Assurant. The settlement...
by admin | Apr 22, 2015 | Homeownership, Mortgages
By Ben Lane The Consumer Financial Protection Bureau and theFederal Trade Commission announced Tuesday that the organizations are taking action against Green Tree Servicing, a subsidiary of Walter Investment Management Corp. (WAC), for “mistreating borrowers” who were...
by admin | Apr 22, 2015 | Latest News/Blog
By Ben Lane The Consumer Financial Protection Bureau and theFederal Trade Commission announced Tuesday that the organizations are taking action against Green Tree Servicing, a subsidiary of Walter Investment Management Corp. (WAC), for “mistreating borrowers” who were...