0 minute readThe top Democrat on the House Financial Services Committee called Tuesday for Congress to “immediately” hold a hearing to investigate a controversial $8.5 billion foreclosure abuse settlement reached this year.
Rep. Maxine Waters (D-Calif.) said in a letter to Rep. Jeb Hensarling (R-Texas), the chairman of the committee, that she wanted bank regulators to explain what went wrong during a case-by-case review of foreclosed homes that ended “abruptly” earlier this year, why a cash settlement with the mortgage industry was reached instead, and what the deal means for struggling homeowners.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
