Stricter rules eyed for controversial PACE energy improvement loans
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
by Matt Carter May 2
Gavel over one hundred dollar bills represents Newrez' settling a complaint
The CFPB alleges mortgage servicers charged excessive late fees, assessed 'fake' private mortgage insurance premiums and made homeowners pay for unnecessary inspections
by Matt Carter Mar 8
Disparity in mortgage rates offered by lenders doubled in 2022: Study
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
by Matt Carter Feb 21
Regulators fire warning shot over bow of mortgage comparison sites
The Consumer Financial Protection Bureau said operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks
by Matt Carter Feb 7
Gavel over one hundred dollar bills represents Newrez' settling a complaint
CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren't fully informed of their options
by Matt Carter Nov 17
It's the end of the road for LIBOR mortgages
Regulators spell out rules for transitioning ARM borrowers to other indexes by 2023
by Matt Carter Dec 7