The CFPB has asserted broad RESPA enforcement authority in a recent decision significantly expanding the liability of PHH Corporation for accepting “kickbacks” from mortgage insurers. The CFPB upheld an Administrative… Read More »
A legislative committee in Colorado has approved a measure that would create a commission to help oversee the title insurance industry and strengthen consumer protections in that state. The gap… Read More »
Federal Housing Finance Agency Director Mel Watt is insisting that loans with low (3 percent) down payments, which Fannie Mae and Freddie Mac will now be able to purchase, are… Read More »
Federal Housing Finance Agency Director Mel Watt insists that loans with low (3 percent) down payments, which Fannie Mae and Freddie Mac will now be able to purchase, are no… Read More »
“This is more than just NSA-style, this is more Gestapo-style collection of data on individual citizens who have no clue that this is happening.” ― Rep. Dan Webster (R-FL), decrying… Read More »