Residential Real Estate

CFPB Sues Ocwen For Failing Mortgage Borrowers

CFPB Sues Ocwen For Failing Mortgage Borrowers

The Consumer Financial Protection Bureau last week filed suit against one of the country’s largest nonbank mortgage loan servicers, Ocwen Financial Corp., and its subsidiaries. The complaint alleges Ocwen failed borrowers at every stage of the mortgage servicing process.

Trulia Releases Report On CFPB

Trulia Releases Report On CFPB

As both President Donald Trump and Congress currently deliberating the fate of the Consumer Finance Protection Bureau (CFPB), consumer real estate portal website Trulia last week issued a report analyzing the CFPB’s impact on the mortgage market.

Credit Unions Offer Flexibility To Gateway City Buyers

Credit Unions Offer Flexibility To Gateway City Buyers

In Massachusetts’ Gateway Cities, where borrowers’ loan applications may have more blemishes than those seen in the affluent suburbs, credit unions are often in a better position than larger lenders to help those would-be homeowners realize their goals.

Former Realtor Gets Jail Time For Forgery

Former Realtor Gets Jail Time For Forgery

A former Realtor accused of doctoring a court clerk’s copy of the verdict slip in his earlier larceny conviction pleaded guilty to forgery and other charges today, accepting at least a year behind bars rather than face trial, according to a statement from Suffolk County District Attorney Daniel F. Conley.

Personnel File

Jack Conway, Lupoli Development and Martha’s Vineyard Savings Bank are among the organizations announcing changes to personnel in this week’s roundup.