In an industry that is so male and white-focused, women and minorities are often passed over for well-deserved positions and promotions, but this idea is being reshaped and redefined right before our eyes.
Read More »CFPB: Consumers Hitting Too Many ‘Dead Ends’ with Servicers
Consumers ran into three major problems with the way their loan is being serviced, according to the CFPB's latest monthly consumer complaint snapshot.
Read More »GSE Mortgage Portfolio Wind Down Stays on Track
The mortgage portfolios of both Fannie Mae and Freddie Mac expanded slightly to start the year. Will this have an effect on winding the portfolios down while they are under the FHFA's conservatorship?
Read More »Lawmaker Pushes for Next Step in CFPB Reform
Now that his bill proposing a measure of CFPB reform has passed the House Financial Services Committee, Rep. Andy Barr (R-Kentucky) wants to take it further.
Read More »Economic Turbulence Plays Havoc with Consumer Confidence
Analysts have taken note of the inconsistent economic activity in the first quarter, and now consumers are starting to notice as well.
Read More »Should Banks Be More Liquid? The Government Thinks So
A lack of liquidity at the largest U.S. financial institutions was a major cause of hardships that led to the financial crisis. A proposed rule issued on Tuesday is aimed at addressing the issue.
Read More »Credit Score is Holding Back Many Millennials
A survey indicates that millennials are aware of how much their finances will affect their ability to buy a home.
Read More »Counsel’s Corner: Here is What Smaller Title Companies are Up Against
Lawrence Zielke, managing partner with Minnesota-based Shapiro & Zielke and president of First Financial Title Agency of Minnesota, discusses with DS News the challenges his firm and title company are facing in the industry.
Read More »Securitization of Reperforming Loans Gives Fannie Mae Options
Fannie Mae has announced that later this year it will begin securitizing reperforming loans. What are the potential benefits of this move?
Read More »Clinton Blames Foreclosure Crisis on Republicans
The Democratic presidential hopeful had some harsh words for the opposing party and the role she believes they played in facilitating the crisis and subsequent Great Recession.
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