The former FHA commissioner also held executive positions at World Savings Bank, Freddie Mac, and The Long and Foster Companies before leading the Mortgage Bankers Association
Lawmakers are demanding a federal investigation in the wake of a CNN analysis that concluded the nation's largest credit union denied more than 50% of Black mortgage applicants in 2022
Property Assessed Clean Energy (PACE) loans can burden homeowners with higher property tax bills that heighten the risk they'll get behind on their mortgages, federal regulators say
Despite lobbying by mortgage trade groups, 2 previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading
Zillow has maintained its agent-lender co-marketing program is RESPA compliant, and admitted no wrongdoing while agreeing to pay $15M, which was granted preliminary approval Monday
The Consumer Financial Protection Bureau launched an investigation into Rocket's real estate brokerage arm in 2020 on eve of the company's IPO. Three years later, the probe is ongoing
The CFPB alleges mortgage servicers charged excessive late fees, assessed 'fake' private mortgage insurance premiums and made homeowners pay for unnecessary inspections
Homebuyers can potentially save $600 to $1,200 a year by applying for a mortgage with multiple lenders, according to a new analysis released Thursday by mortgage giant Freddie Mac
Regulators alleged statements made by hosts of Townstone Financial's call-in show discouraged 'prospective' African-American applicants from seeking mortgage loans
The Consumer Financial Protection Bureau said operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks
Federal regulators allege bank improperly denied thousands of mortgage loan modifications over at least 7 years, in some cases leading customers to lose their homes
Shopping around can save thousands of dollars, but 1 in 3 prospective homebuyers only get a quote from one lender, Fannie Mae surveys show
CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren't fully informed of their options
Interest-free home equity advances to Knock Home Swap clients can be used to buy down mortgage rate or make a bigger down payment
The ethics rule in question, which some regulators argue doesn't clearly state that housing discrimination against protected classes is illegal, was contested by 8 federal agencies