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Related Articles
A Florida resident is challenging appraisal fees in a new class action lawsuit against a major lender and an appraisal management company. Processing ContentClayton Bernholtz sued CrossCountry Mortgage and Class Valuation last month for unjust enrichment, in a state filing the AMC removed to a federal court last week. The 16-page...
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Russell Vought, acting director of the Consumer Financial Protection Bureau and director of the Office of Management and Budget.Bloomberg News Processing ContentKey insight: GOP lawmakers said temporary executive changes are insufficient, and permanent changes to the Dodd-Frank Act are needed to rein in a future Democratic administration.What's at stake: Acting...
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Home prices have soared over the past few years, which has incidentally constrained inventory due to a tax limit set in the 1990s. Processing ContentAt least 10% of homeowners in seven states pay capital gains taxes, which can be as high as 20%, on the profits they make from the sale...
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Nine in ten lenders now use some form of digital mortgage during origination, up from 74% just two years ago, according to a survey of 100 lenders spanning banks, credit unions and independent mortgage banks. For the remaining 10%, the gap is starting to show up on the bottom line:...
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