CFPB
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals
by Kelsey Ramírez Apr 2
What to look for in a closing disclosure form
How long has it been since you updated your closing disclosure form? Here is a page-by-page breakdown of what you should review, verify, understand and inform clients about
by Marvin Stone Apr 1
Zillow investor lawsuit over co-marketing program gets class-action status
Hundreds or thousands of investors could be impacted by litigation over Zillow's agent-lender co-marketing program. Zillow continues to say the 3-year-old suit is without merit
Feds propose new mortgage category
The Consumer Financial Protection Bureau believes 'season QM' mortgages will spur innovation. But not everyone is convinced they're a good idea
by Jim Dalrymple II Aug 19
CFPB to adopt price-based approach for qualified mortgage standards
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access
by Marian McPherson Jun 23
Trump administration announces halt on foreclosures and evictions
For now, evictions and foreclosures will be placed on a moratorium until the end of April
by Lillian Dickerson Mar 18
The last housing finance roundup of 2019
Real estate news from the year's end
by Lew Sichelman Dec 31
Equifax will pay up to $700M over data breach that exposed millions
The payments are a response to the largest-ever data hack of its kind, which was discovered in 2017 and impacted nearly 150M consumers
by Jim Dalrymple II Jul 22
When lenders reject US veterans, who you gonna call?
NewDay USA parachutes in to help veterans with their mortgages where traditional banking institutions balk
by Lew Sichelman Jun 19
Lender slapped with $1.75M fine for bungling demographic data
Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated more than 50,000 mortgages per year during that period
by Jim Dalrymple II Jun 7
President Donald Trump holds Realtors in the palm of his hand
Most were pleased with President Trump's performance and identified with him as a real estate business person
by Andrea V. Brambila May 17
CFPB
In 2004, Eric Blankenstein, a top enforcement director for the Consumer Financial Protection Bureau, repeatedly used the N-word and called hate crime reports a hoax
A woman researching in a dictionary
Mortgage Translations provides English translations of important documents for Spanish speaking borrowers
by Marian McPherson Oct 15
The battle between the Consumer Financial Protection Bureau and PHH is over
The DC Court of Appeals overturned the agency's $109 million fine of PHH Mortgage Corporation, but says CFPB is constitutional.
by Marian McPherson Feb 1
Trump's pick will take over consumer watchdog agency as acting director
Court sides with White House budget chief Mick Mulvaney in bureau leadership power struggle
by Gill South Nov 28