While Monique Hill and her husband were undergoing foreclosure proceedings, former real estate agent Oscar Dais created, signed and notarized a fraudulent deed in Hill’s…
Posts published in “Regulations”
UWM and Pennymac are pricing jumbo mortgages of up to $819,000 as if they were conforming, ahead of an official announcement by Fannie and Freddie’s…
Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over…
Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while…
Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals. Source: Inman News
Trump’s move to fire Cook likely violated her right to due process, and “for cause” provision for removal is limited to governor’s behavior in office,…
After the bill takes effect in March, credit bureaus will still be able to sell trigger leads to a borrower’s current mortgage lender, loan servicer,…
Cook’s attorneys say she did not commit mortgage fraud and is being targeted by the Trump administration to undermine the Federal Reserve’s independence. Source: Inman…