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New rules are being considered by the Consumer Financial Protection Bureau to hold the mortgage industry more accountable to their customers.

New Rules Proposed for Mortgage Servicers

Posted by mortgage 42 days ago (Editorial)
The federal government is proposing new rules to make sure mortgage servicers treat borrowers fairly.
The banks and other firms that collect payments from mortgage borrowers and handle their defaults are drawing scrutiny from a new U.S. regulator, following widespread abuses in home foreclosures during the housing crisis.
Residential Credit Solutions says it faces no charges of wrongdoing "and has not been accused of fraud."
NEW YORK -- A nationwide settlement on foreclosure practices has ended one headache for the banks involved, but there are signs that it is only the beginning of many others. The agreement between
California Housing Finance Agency announced today that the number of mortgage servicers participating in the state?s Keep Your Home California program has increased 500 percent sin
The Obama administration said Thursday that it was withholding financial incentives from three home-loan servicers needing to substantially improve their performances in the government's mortgage-modification program.
The California Housing Finance Agency today announced that 20 mortgage servicing companies are now participating in the Keep Your Home California program to assist families struggling to remain in their homes and avoid foreclosure.

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