New York Attorney General Letitia James has secured more than $480,000 in penalties and homeowner restitution from a group of mortgage debt buyers accused of pursuing payments on long-dormant second mortgages after the applicable collection deadlines had expired.The...
The Federal Housing Finance Agency (FHFA) announced its conditional approval for Freddie Mac (OTCQB: FMCC) to engage in a limited pilot to purchase certain single-family closed-end second mortgages. The conditional approval follows FHFA’s first publication of a...
Sen. Tim Scott (R-SC), the ranking member of the Senate Banking Committee, led a coalition of the Committee’s Republican members and 23 members of the House Financial Services to express concern over the proposal to allow Freddie Mac (OTCBQ:FMCC) to purchase and...
Opendoor Purchases Four Times as Many Homes as Revenue Rises, but Turnaroun…
