Google+
  • Ocwen28.25+0.31 +1.11%
  • Zillow142.54-0.92 -0.64%
  • Trulia61.21-0.42 -0.68%
  • NationStar34.30-0.70 -2.00%
  • CoreLogic28.475+0.205 +0.73%
  • RE/MAX30.08-0.24 -0.79%
  • Fannie Mae3.87-0.02 -0.51%
  • Freddie Mac3.81-0.01 -0.26%
  • Wells Fargo51.440.00 0.00%
  • CitiMortgage51.72+0.07 +0.14%
  • Bank of America16.1658+0.0758 +0.47%
  • Auction.com0.00N/A N/A
  • Fidelity National Financial28.27-0.04 -0.14%
  • Black Knight Financial0.00N/A N/A
  • AUDUSD=X0.9274N/A N/A
  • USDJPY=X105.14N/A N/A
  • WP Stock Ticker
Home | News | Government

Michigan-Based Bank Discussing Settlement With CFPB

seal-on-money

Flagstar Bancorp, Inc. announced earlier this week that it has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) in order to notify its investors that the bank is currently trying to work out a settlement with the Consumer Financial Protection Bureau (CFPB) regarding alleged violations of financial laws.

Read More »

FHA Revises Rules Regarding Prepayments, ARMs

finances

The Federal Housing Administration (FHA) announced on August 25 the passing of two new rules – one that prohibits lenders from charging interest on FHA-insured mortgages that are paid in full and one that requires lenders to give borrowers earlier access to information regarding FHA-insured ARMs.

Read More »

Companies Chosen for CFPB’s Electronic Mortgage Program

electronic-arrows

The program's launch marks a big step in the agency's "Know Before You Owe" mortgage initiative, which is aimed at improving the homebuying experience for consumers through simpler disclosure forms as proposed in a rule first issued in November last year. In Thursday's release, CFPB announced it is in the process of preparing for that rule to be implemented in August 2015.

Read More »
Scroll To Top