The AARP Foundation filed a class action lawsuit against Celink, Finance of America Reverse and Carrington Mortgage Services claiming that they unlawfully charged home equity conversion mortgage borrowers prohibited fees.
The Mortgage Compliance Dataset is designed to streamline supervisory compliance examinations for home loans by establishing a common language for supervisory data exchange.
The Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America asked for three specific policy changes to address housing affordability.
The executive order would prevent federal agencies and the government-sponsored enterprises from facilitating the acquisition of a single-family home by a large institutional investor.