by | Feb 13, 2017 | CFPB, Closing, Education, Government Oversite, Industry News, mortgage, RESPA
CFPB Orders Prospect Mortgage to Pay $3.5 Million Fine for Illegal Kickback Scheme Real Estate Brokers and Mortgage Servicer also Ordered to Pay $495,000 WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Prospect Mortgage,...
by | Feb 10, 2017 | CFPB, Closing, Industry News, mortgage, Quality, Real Estate Market, Title Insurance Lawsuits
The latest CFPB Complaint Report for Mortgages shows that, by far, the largest number of complaints filed with the CFPB were with the Credit Reporting Agencies – Equifax, TransUnion and Experian, having 3,897 complaints nationwide on credit reports in January. ...
by | Feb 7, 2017 | Closing, Education, FHA/HUD, Industry News, Insurance, Licensing, Real Estate Law
HUD Press Release Thursday January 26, 2017 WASHINGTON – The U.S. Department of Housing and Urban Development announced agreements with two insurance companies in Ohio and Florida settling allegations the companies violated the Fair Housing Act by denying insurance...
by | Feb 7, 2017 | Education
Mortgage Bankers Association Press Release “Today’s paper is intended to provide thoughtful recommendations on how to reform the GSEs while ensuring a healthy, robust secondary mortgage market emerges for both single-family and multifamily...
by | Feb 1, 2017 | Closing, Education, Industry News, mortgage, NAR National Assoc of Realtors
Press Release WASHINGTON (January 24, 2017) — Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association...
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