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CFPB slaps Flagstar Bank with $37.5M fine

Posted on September 29, 2014 by
The Michigan-based bank is paying the price for breaking the CFPB's new mortgage-servicing rules.
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What are HUD’s priorities?

Posted on September 17, 2014 by
The new housing secretary delivered his first major speech since taking office. What's his top priority? He doesn't say.
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Lame jobs report great for borrowers

Posted on September 5, 2014 by
The August employment report was a disaster, but that's good news for those looking to get a mortgage.
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Home prices rise at slower pace

Posted on August 26, 2014 by
Home price growth has slowed significantly. Should you be concerned?
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BofA settlement: What’s in it for you?

Posted on August 21, 2014 by
Bank of America reached a $17 billion agreement with federal regulators over faulty mortgages. What's in it for you?
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Mortgage servicers get better

Posted on August 4, 2014 by
Consumers are more satisfied with the service they are getting from their mortgage servicers this year, according to a recent survey.
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OK jobs report brings lower rates

Posted on August 1, 2014 by
Mortgage borrowers who want rates to stay low have dodged another bullet with the release of the July jobs report.
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Borrowers get $2.5B from Citi

Posted on July 15, 2014 by
About $2.5 billion of Citi's $7 billion settlement will go to consumers
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Will boom-era HELOCs go splat?

Posted on July 8, 2014 by
Regulatory agencies believed it was necessary to alert banks that some of their customers will soon have trouble paying off their HELOCs.
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Oh, great, a good jobs report

Posted on July 3, 2014 by
What's good for job-seekers is bad for mortgage shoppers. So today's positive employment report is negative news for people who didn't lock a mortgage rate earlier in the week.
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