How much consumer relief has SunTrust bank provided to distressed borrowers under the terms of the 2012 National Mortgage Settlement?
Read More »Subcommittee: Arbitration Ban Raises Costs for Consumers
Subcommittee Chairman Randy Neugebauer tweeted, "My friends on the other side of the aisle asked a trial lawyer to come speak in favor of the CFPB's Arbitration Rule. I rest my case."
Read More »FHA Proposes Enhancements to HECM Program
FHA was praised last year for making changes to its HECM program that helped non-borrowing spouses avoid foreclosure. What further changes did the FHA propose to help seniors sustain their HECM loans?
Read More »Housing Forecasts Stay Calm Through Economic Storm
With both Fannie Mae and Freddie Mac downwardly revising their projected economic growth for the full year of 2016, what do they expect for housing?
Read More »Trump Planning Dodd-Frank Overhaul
The presumptive Republican presidential nominee has some definite ideas about financial reform, and he plans to unveil those ideas in the next couple of weeks.
Read More »The Catch-22 Facing Young Homebuyers
More than 60 percent of millennials associate the American Dream with homeownership. So why do so few of them plan to buy a home?
Read More »Third Circuit Court Hands U.S. Bank a Victory
Why did a federal appellate court rule in favor of U.S. Bank in a case where a homeowner was trying to get his foreclosure dismissed?
Read More »Servicer Amps Up Principal Reduction Outreach
Only about 1 percent of underwater homeowners will qualify for the FHFA's Principal Reduction Modification Program. But at least one servicer is determined to find those borrowers.
Read More »Proposal Aims to Change CFPB’s Mission
Several bills aimed at rolling back Dodd-Frank or changing the CFPB have been gaining traction as of late. How does the latest proposal, H.R. 5211, aim to amend the mission of the Bureau?
Read More »How Low Can Credit Default Rates Go?
The composite consumer credit default rate fell to a new post-recession low in April. How are consumers' attitudes changing toward their debt, particularly long-term debt such as mortgages?
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