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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Homes Millbrae Pages
Tag Archives: Cfpb
Housing Crisis: New Rules Hit Mortgage Servicers
The nation’s five largest banks service about half of all mortgages, but recently they have been selling those servicing rights to so-called “specialty servicers,” like Ocwen and Nationstar, whose stocks have been soaring. These companies specialize in delinquent mortgages. The … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cfpb, Common Sense, Crediting, Delinquencies, Delinquent Mortgages, Department Of Justice, Director Richard, Enforcement Regime, Exponentially, Federal Regulator, Foreclosure, homes millbrae, Mandates, Monthly Statements, Mortgage Servicers, Nationstar, Ocwen, Poor Job, Richard Cordray, State Attorneys
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Big Banks Pushed to Outsource Mortgages
In the wake of the financial crisis and still in the midst of the foreclosure mess, the Consumer Financial Protection Bureau announced new rules for mortgage servicers designed to protect borrowers and get them faster, more effective and informative service. … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cfpb, Coo, Delinquency, Delinquent Loans, Financial Crisis, Foreclosure, homes millbrae, Informative Service, Midst, Mortgage Bankers Association, Mortgage Banks, Mortgage Delinquencies, Mortgage Markets, Paperwork, Period Of Time, Portfolio Advisors, Scandal, Second Quarter, Strategic Partner, Wingspan
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