Financial institutions regulated by the Federal Trade Commission could face increased oversight as the agency wields its newly expanded authority to regulate non-bank mortgage activities. The FTC last week carried out a mandate imposed by the 2009 Omnibus Appropriations Act by issuing proposed rules aimed at curbing unfair and deceptive mortgage practices at financial institutions...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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