The Pennsylvania AG opened a redlining investigation last year following a news report that white borrowers in Philadelphia received 10 times as many conventional mortgage loans as African-American borrowers.
Highlands Residential Mortgage COO suggests the CFPB raise the DTI ratio to 45% to accommodate borrowers who have a proven track record of responsible credit management.
Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...