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Sherwin
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This past Monday, Anthony Renzi, who heads the largest division at Freddie – the single family mortgage division is leaving. This past […]
The Federal Housing Administration’s cash reserves are falling short. This could impact the market in a multitude of ways, including the FHA […]
Illinois Attorney General Lisa Madigan, along with her counterparts in the rest of the country and the District of Columbia, have launched a joint investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners.
The Consumer Financial Protection Bureau’s recent report on mortgage servicing found problems at banks and nonbanks alike. Specifically, its investigation, conducted from November to June, found significant issues that could cause homeowners to miss payments, threaten their credit histories and plunge them into foreclosure.