Mortgage Insurers Funneled Kickbacks to Lenders, Alleges CFPB
On Thursday, the Consumer Financial Protection Bureau filed complaints against four mortgage insurers who the CFPB claimed had paid millions in kickbacks to mortgage lenders.
mortgage insurance
Americans Are Still Paying the Tab for Countrywide's Misdeeds
Once, Countrywide Financial was the biggest U.S. mortgage lender, and the bloated appraisals it gave on homes were a root cause of the housing bubble. Here's why we're all still paying for Countrywide's bad behavior.
Young Real Estate Investor Seeks Best Use for Cash
Andy Buman has been financially responsible, and invested wisely in two rental properties and a home of his own in the Omaha, Neb., area. His small real estate empire is doing well, and he has saved an extra $20,000. His question for DailyFinance's Laura Rowley: Which loan should he apply it to for the best return?
Obama's Mortgage Reforms: Higher Standards -- and Costs
The administration's proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgages costlier, with potential harm to the housing market.
