FHA was praised last year for making changes to its HECM program that helped non-borrowing spouses avoid foreclosure. What further changes did the FHA propose to help seniors sustain their HECM loans?
Read More »Settlement Monitor Gives SunTrust Thumbs Up
How much consumer relief has SunTrust bank provided to distressed borrowers under the terms of the 2012 National Mortgage Settlement?
Read More »House Committee Questions Motive Behind Arbitration Proposal
The House Financial Services Committee examined the Consumer Financial Protection Bureau's (CFPB's) recently proposed arbitration rule, questioning if the rule is in the "public interest and for the protection of consumers."
Read More »Fed Keeps June Rate Hike on the Table
The Fed fueled further speculation about another rate hike in June, which would be the first time the Fed has raised the federal funds target rate since the historic liftoff in December.
Read More »5 Years Later—A CFPB Progress Report
Nearly five years ago, Congress created the CFPB, and its sole purpose was to serve as recovery agent for the American people coming out of the financial crisis. But how effective has the Bureau been in doing its job?
Read More »How Will the Presidential Election Affect Housing?
Vice Chairman of The Collingwood Group, Brian Montgomery, sat down with MReport to provide his take on a recent Zillow report about how the upcoming presidency will affect housing.
Read More »Third Circuit Court Hands U.S. Bank a Victory
Why did a federal appellate court rule in favor of U.S. Bank in a case where a homeowner was trying to get his foreclosure dismissed?
Read More »Homebuyers Taking a Closer Look at Mortgage Disclosures
More borrowers are taking a closer look at their mortgage documents before it’s too late, and more agencies are helping these borrowers understand what they’re getting into, well before new federal guidelines go into effect this fall.
Read More »Congressman Calls for Regulatory Transparency from the CFPB
U.S. Rep. French Hill (R-Arkansas) said Monday that the Consumer Financial Protection Bureau (CFPB) needs to do a lot more to ensure the industry understand the new TRID-compliant ‘Know Before You Owe’ rules before they take effect.
Read More »Single-Family Housing Starts Make a Comeback
Home building in the U.S. picked up again in April after reaching the slowest pace in seven months, easing some of the previous concern surrounding the construction sector.
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