FTC Releases Report on Debt Buyers
The Federal Trade Commission has released a report on the debt purchasing industry. This report is the first of its […]
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CFPB Releases New Mortgage Lending Rules
On January 10, 2014, the Consumer Financial Protection Bureau released new rules that will regulate how banks issue mortgages. These
CFPB Releases New Mortgage Servicing Rules
The Consumer Financial Protection Bureau has released new mortgage servicing rules that go into effect in 2014. These rules are
“Zombie Title” — When Homeowners Remain On The Hook
The press loves to use the word, “zombie,” as an adjective when referring to things that were thought to be
Mortgage Crisis in a Nutshell Video
Denver, CO attorney, John E. Campbell, has produced a video explaining the mortgage crisis. It is just under one hour
Fiscal Cliff Deal Extends The Mortgage Debt Forgiveness Relief Act
It looks like short sales and principal reductions will continue to work as intended, at least for one more year.
Deposition of A Former Countrywide Employee Reveals A Broken Loan Review Process
The deposition of Glenn Hubbard has been making the rounds this week. If you have ever watched the documentary, Inside
Short Sales Increase As Clock Ticks Down On Tax Exemption
As reported by David Dayden at Firedoglake, short sales have increased significantly in the third and fourth quarters of 2012. This is
Correcting Your Credit Report Can Involve A Lot Of Work
Many consumers think that fixing errors on their credit reports is as simple as filing a dispute online. After all,
Forgiven Mortgage Debt Tax Exemption Still Set To Expire
In 2007, President G.W. Bush signed the Mortgage Forgiveness Debt Relief Act into law. The Act exempts forgiven mortgage debt