The Broker Action Coalition is asking its members to bring their credit report bills to the trade group’s Washington fly-in this month so DC politicians can see how much a monopoly costs.
Two Harbors Investment faced difficulties obtaining shareholder approval for its acquisition by United Wholesale Mortgage after the latter’s stock price declined.
Washington state’s financial regulator has accused Newrez of repeatedly violating the state’s Consumer Loan Act through “deficient” mortgage servicing practices.
Stakeholders believe that while the new rules will reduce insurance costs, they will raise other costs, including for condo dwellers who don’t plan to buy, sell or refinance.