Almost six years after the initial foreclosure complaint was filed, the same borrower was facing a subsequent foreclosure action due to another default on the mortgage…
The CFPB did not like the idea of some lenders using an Internet-based tool that aggregates employer data and estimates income based upon each consumer’s zip code, job title, and years worked…
On Thursday Wells said it’s raising its reserves, noting that the SEC has been added to the list of federal agencies investigating its sales practices.
At the recent annual convention of the Mortgage Bankers Association, trade group chief Dave Stevens said originators are being discouraged from lending to some first-time homebuyers.