Although not yet adopted by any state, the Uniform Mortgage Modification Act aims to clarify and simplify the law governing mortgage modifications by creating brightline safe harbors for common ...
With the recent developments at the Consumer Financial Protection Bureau (CFPB), many mortgage lenders have been left ...
Rocket Mortgage also issued a statement: “Rocket Mortgage followed all applicable laws and regulations in our documentation and home loan process. We are confident that this case will be quickly ...
Acontroversial bill making its way through the Tennessee Senate could shake up how home loan interest rates are set, creating ...
The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 ...
Cost distribution The law shifted some mortgage-related costs to the lender to make properties more accessible. Pre-contractual transparency Lenders are required to provide detailed, easy-to ...
On February 18, the Maryland Office of Financial Regulation (OFR) issued an alert to address industry concerns regarding its ...
Two straight weeks of declining mortgage rates have awakened the housing market. In a significant shift for the mortgage market, loan applications surged b ...
Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 ...
The mortgage brokerage defendants claim that the complaint is “a mish-mash of poorly pled facts and wrongly-applied law.” ...