For three consecutive years, the CFPB found error rates at Nationwide of 13 percent in 2012, 33 percent in 2013, and 24 percent in 2014.
Read More »Federal Reserve Announces Rate Hike, as Predicted
Experts weigh in on what to expect to come out of the rate increase.
Read More »HSBC Pays Out $371M in Consumer Relief
The monitor for the National Mortgage Settlement said that the payment is the last the company will make.
Read More »Winning Bidders in Fannie Mae Non-Performing Loan Sale
The sale of these loans is intended to reduce the number of seriously-delinquent loans owned by Fannie Mae and to help stabilize neighborhoods and to help meet the portfolio reduction targets required under the Senior Preferred Stock Purchase Agreement with the United States Treasury.
Read More »State Employment Rates Could Influence Fed Rate Hike
Twenty-eight states had significant year-over-year increases in non-farm payroll employment in February.
Read More »Homeowners Expect Higher Appraisals
Quicken Loans’ National Home Value Index (HVI) measured appraisal and found that values rose 0.55 percent in February, and 2.95 percent year-over-year.
Read More »The Foreclosure Crisis: A Retrospective
Following the peak in 2010, foreclosures began to steadily decline year by year, dropping by 100,000 per year through 2016.
Read More »Though the CFPB Faces Major Reform, Few Know What it is
As the new administration looks to reform the Consumer FInancial Protection Bureau, the bureau is brought further into the public eye.
Read More »Low Down Payment Programs Attracting Millennials
Statistics show that 65 percent of first-time homebuyers in January only made a zero to 6 percent down payment.
Read More »MHA Releases Year-End Results. What’s Changed?
Since 2009, delinquencies have dropped from 6.1 million to 2.7 million, and the amount of homeowners underwater dropped from 10.2 million to around 3 million.
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