Is the latest mortgage market data indicative of an economy that is ready for the Fed to raise the federal funds target rate?
Read More »On the Fast Track at Last: Ohio Passes Foreclosure Bill
How will a bill that passed in the Ohio State Legislature cut down on the issues brought on by vacant and abandoned properties, and will the bill serve as a template for the rest of the nation?
Read More »Fannie Mae Sells More Delinquent Loans to Non-Profit
Government agencies have have taken a lot of heat from advocacy groups, civil rights groups, and lawmakers in the last few months over the sales of delinquent mortgages to private investors. Fannie Mae went another route with its latest sale.
Read More »Servicers Remain Aggressive with Outreach Efforts
With Treasury recently announcing the allocation of the final $2 billion in Hardest Hit Fund money and HAMP set to expire at the end of the year, servicers are ramping up their efforts to reach at-risk borrowers.
Read More »Monitor to Chase: You’re Almost There
How much has Chase paid in consumer relief to fulfill the obligations under its $13 billion RMBS settlement?
Read More »More Proposed CFPB Reforms Clear Subcommittee
What changes did a House Subcommittee bill propose to make to the Consumer Financial Protection Bureau?
Read More »OCC Frees Wells Fargo from Servicing Restrictions
The OCC terminated the servicing-related consent order against Wells Fargo, but at the same time issued a civil penalty to the bank.
Read More »Bank of America’s ‘Hustle’ Whistleblower Retains Reward
Bank of America's $1.27 billion penalty in the "Hustle" case has been overturned. Why does the former Countrywide exec who blew the whistle get to keep the reward money?
Read More »Independent Review Finds Accusations Against Ocwen ‘Baseless’
What exactly did a year-long analysis of Ocwen's servicing operations from an independent consulting firm reveal?
Read More »Clinton and Trump Spar Over ‘Housing Bubble’ Remarks
The two major party presumptive presidential candidates have engaged in a war of words over some comments Trump made in 2006 about the forthcoming real estate crash.
Read More »