Banks that Bail Borrowers Out of Bad Loans will Get CRA Credit
April 30, 2007
Banks that work to get troubled borrowers out of bad subprime mortgage loans will get extra credit at their next federal performance evaluations under the Community Reinvestment Act. A panel of regulators at the Consumer Bankers Association’s CRA conference...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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