Mortgage

240 lenders under fire The Federal Housing Administration's (FHA) Mortgagee Review Board (MRB) has announced that it will punish 240 FHA-approved lenders for violations and...

MERS backing out of foreclosures Mortgage Electronic Registration Systems (MERS) has recently come under fire, with several courts disputing their authority in the foreclosure process...

Mortgage applications are down For the fourth week in a row, the Mortgage Bankers Association is reporting that their seasonally adjusted index of mortgage application...

HomeStreet going public While companies like Zillow.com apply for their initial public offering (IPO) status as part of their long term growth strategy, other companies...

FDIC cleaning house In May 2011, the Federal Deposit Insurance Company's (FDIC's) started cleaning house and filing lawsuits. They filed against CoreLogic for $129 million...

FHA premiums rose For the week ending April 22, 2011, the Mortgage Bankers Association (MBA) is reporting their Market Composite Index (MCI) which measures mortgage...

Mortgage layoffs in America Last week, Wells Fargo laid off, which Wells Fargo claims is less than one percent of their workforce and was mostly...

Can you imagine someone saying to you when you go for a mortgage, "Sorry, I have to screw you?" Thanks to the Federal Reserve...