Page 11 - Consumer Action News Today

Edited by Chris Clow and the HousingWire Newsroom, RMD provides dedicated reverse mortgage news, insights and commentary.

Consumer advocates, fair housing groups, banks and lenders joined forces to critique the FHA's proposed servicing defect taxonomy.

A group of conservative policy organizations sent a letter to U.S. senators Monday asking them to keep the app market open and free from anti-competitive practices.

Housing advocacy groups, mortgage lenders, and banks, came together on January 28, 2022 to take issue with the HUD’s proposed policies on defect taxonomy for loan servicing reviews.  The defect taxonomy, as defined in article 8.0 of the Single Family Housing Policy Handbook 4000.1, is the FHA’s method of identifying defects at the loan level. 

Housing advocacy groups, mortgage lenders, and banks, came together on January 28, 2022 to take issue with the HUD’s proposed policies on defect taxonomy for loan servicing reviews.  The defect taxonomy, as defined in article 8.0 of the Single Family Housing Policy Handbook 4000.1, is the FHA’s method of identifying defects at the loan level. 

Edited by Chris Clow and the HousingWire Newsroom, RMD provides dedicated reverse mortgage news, insights and commentary.

Americans have their hands full right now. The COVID pandemic has made a major resurgence. And at the same time, inflation just hit 7 percent—the highest rate in 40 years. Some of the toughest increases are happening in energy costs. In December, gasoline prices were up roughly 50 percent from a year ago. And the ...

Rules enacted during the Trump administration have finally taken effect, giving debt collectors the ability to reach people via digital means.

Rules enacted during the Trump administration have finally taken effect, giving debt collectors the ability to reach people via digital means.

The consumer bureau asked for public feedback about payment platforms as part of a focus on the Silicon Valley giants’ financial services aspirations. But comment letters so far have been dominated by users complaining that they lost money on the big-bank-owned peer-to-peer network.