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Ocwen settles with three more states to ease mortgage servicing restrictions – Ocwen Financial’s streak of settling with states that previously took regulatory actions against Ocwen over alleged escrow issues by restricting Ocwen’s ability to acquire new mortgage servicing.
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Reliance buyer pledges millions in St. Louis low-income investments – set goals for small-business loans, invest $500,000 in the Gateway Neighborhood Mortgage loan fund, and contribute $60,000 a year to charities in St. Louis. It also hired a Community Reinvestment Act.
States, mortgage lenders in talks over fund for borrowers in foreclosure mess – State attorneys general and the country’s biggest lenders are negotiating to create a nationwide. be barred from foreclosing on homeowners while simultaneously negotiating mortgage modifications..
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THL Invests in G-Rate; Fair Lending and HMDA News – Randolph Bancorp, based in Stoughton, Massachusetts, is "aligning its mortgage banking headcount with current origination volumes." And thus layoffs. Isn’t the first, won’t be the last.retail lender.
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