The CFPB says that between 2014 and 2017, Townstone made statements about African Americans and predominantly black neighborhoods that discouraged prospective black applicants...

Democrats and consumer advocates suggest that some servicers aren't following forbearance requirements established by the CARES Act.

In order to lower servicing costs, FHA proposed limiting required mortgagee curtailment of interest to the length of the mortgagee’s delay...

JPMorgan's Jamie Dimon welcomed the FSOC news, saying during a Q&A session, “We’ve been very consistent that mortgages, believe it or not, are more – far more costly than they should be. Normally, you’d be looking at – if you looked at the 10-year [Treasury] rate which is what, 60 basis points, the mortgage take should be 1.6% or 1.8% instead of 3.3%.”

In a public filing this spring, Ocwen listed among its risks: “our ability to maintain positive relationships with our large shareholders…”

Remote online notary services have gained momentum during the coronavirus pandemic. This week, DocuSign announced it has acquired Liveoak Technologies...

In a new report, the CFPB’s Inspector General has recommended the bureau tailor its resources to monitor institutions based on risk and expand monitoring of nonbanks.