2nd FHA Settlement for MA Mortgage Banker
For the second time in five years, a Massachusetts mortgage banker has agreed to settle allegations that it didn't follow Federal Housing Administration guidelines.
Unchecked Power at CFPB Reined In
The recent appellate court decision in PHH Corp.'s lawsuit against the Consumer Financial Protection Bureau will keep the young regulator in check.
Implications of PHH v. CFPB Decision
The attorney who represented PHH Corp. in its lawsuit against the Consumer Financial Protection Bureau talked about the implications from last week's appellate court decision.
Former Fifth Third Executive Sentenced
A former executive at Fifth Third Bancorp's banking subsidiary has been sentenced to prison for alleged bribes and fraud on real estate loans.
Chase Mortgage Lending Contrasts Mortgage Earnings
Although quarter-over-quarter home lending rose at JPMorgan Chase & Co., mortgage revenues retreated. The opposite was true on a year-over-year basis.
Mortgage Industry Wins Huge Legal Battle With CFPB
A federal appeals court has ruled in favor of PHH Corp. in an action challenging a Consumer Financial Protection Bureau order and its structure.
Cabinet Post for Cruz?
Could one senator's transformation to Trump supporter from adversary of the billionaire be a signal that the Republican lawmaker from the Lone Star State has his eye on a cabinet post that impacts home lending?
Mortgage Firm's Owner On Trial for Mortgage Fraud
The owner of a defunct mortgage firm is accused using fake appraisals and fraudulent documents in a multi-million-dollar mortgage fraud conspiracy.
Monthly Consumer Bankruptcies Down
After climbing to the highest level in four months, the number of American consumers who resorted to bankruptcy was down last month.
$2.5 Million NY Foreclosure Dismissed
A foreclosure action on a $2.5 million home loan has been dismissed by a state judge in New York because the statute of limitations was exceeded by the mortgage lender.