Litigation settlements, of course, have played a role in the resurgence in profits at Fannie Mae and Freddie Mac, though the legal gravy train is just about over for those two.
The housing bubble did in fact burst and I don’t recall Trump making any money off of it unless he did so through private investments that none of us know about...
National Council of State Housing Agencies Executive Director Barbara Thompson said the group is awaiting what she calls a “positive resolution of the issue.”
The SAFE Transitional Licensing Act of 2015 had strong support from the Mortgage Bankers Association, The Community Home Lenders Association and other trade groups.
Bad news for specialty servicers: Black Knight Financial Services said 58,700 foreclosures were started during April, the lowest reading in 10 years...
The publication of the proposal formally triggers the beginning of the official 90-day comment period. Comments to the CFPB are due by 11:59 p.m. Aug. 22, 2016.