by admin | May 12, 2016 | Mortgages
Calls to end Third Amendment sweep now coming from all sides Over the last year, various groups, including community lenders, affordable housing advocates, civil rights groups, interested observers, and financial analysts, called for a change in governmental policy...
by admin | Oct 14, 2015 | Homeownership, Mortgages
By Brian Honea Another $186 million in compensation will be awarded to 1,461 service members and their co-borrowers over the unlawful foreclosure of their homes as part of the Department of Justice’s settlement with five of the nation’s largest mortgage...
by admin | Sep 23, 2015 | Mortgages
By Brian Honea On the 228th birthday of the U.S. Constitution on September 17, the House Financial Services Committee posed the question as to whether or not the Dodd-Frank Wall Street Reform Act of 2010 has provided the country with more or less freedom. The hearing,...
by admin | Jul 7, 2015 | Homeownership, Mortgages
By Brian Honea Non-foreclosure solutions continued to outpace completed foreclosures by a rate of approximately five to one in April while serious delinquencies continued their steady decline, according to data released on Wednesday by HOPE NOW, an industry-created...
by admin | Jun 18, 2015 | Mortgages
By Brian Honea A federal judge has ruled that the Federal Deposit Insurance Corp., is liable for facing certain legal claims that FDIC-insured JPMorgan Chase inherited from its 2008 acquisition of Washington Mutual, according to media reports. JPMorgan acquired the...
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...
