The federal government is proposing new rules to make sure mortgage servicers treat borrowers fairly.
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New Rules Proposed for Mortgage Servicers
Posted by mortgage 42 days ago (Editorial)
Fitch Reviews Proposed Servicing Transfer of Chase Subprime RMBS
Posted by mortgage 60 days ago (Editorial)
Fitch Ratings has reviewed RMBS transactions included in a proposed transfer from JPMorgan Chase Bank, N.A. to Ocwen Loan Servicing, LLC . The transfer is scheduled
Bank of America's proposed settlement with mortgage investors comes under fire [Updated]
Posted by mortgage 266 days ago (Editorial)
Bank of America Corp.'s proposed $8.5-billion settlement with 22 major holders of Countrywide Financial Corp. mortgage securities came under fire in Manhattan federal court as a deadline to challenge the deal arrived. The flurry of objections Monday and Tuesday included...
Fannie, Freddie Replacement Proposed
Posted by mortgage 315 days ago (Editorial)
Bipartisan legislation that would replace Fannie Mae and Freddie Mac with a single government-run secondary mortgage lender has been introduced in the U.S. House of Representatives. The
Clearer mortgage forms proposed
Posted by mortgage 359 days ago (Editorial)
The new consumer finance regulator has proposed simplified mortgage disclosure forms, aiming to ensure that borrowers receive clear and easy-to-understand information about home loans when they apply for credit.
How proposed financial reforms could affect you (The Argus Leader)
Posted by mortgage 1070 days ago (Editorial)
American consumers have fallen victim to one financial scandal after another in the past decade, from accounting fraud at Enron to the subprime mortgage meltdown. President Obama hopes to put the brakes on that trend with a series of regulatory reforms that his administration says will guard the nation's financial system against its own excess. The formal announcement comes today, but much of ...
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