CFPB building. Photo credit: Getty Images/JHVEPhotoCFPB building. Photo credit: Getty Images/JHVEPhoto
July 2, 2020

CFPB Issues Rule On Escrow Exemptions For High-Priced Mortgage Loans

The Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking (NPRM) that would amend Regulation Z to provide a new exemption available to certain insured depository institutions and insured credit unions from the requirement to establish escrow accounts for certain higher-priced mortgage loans (HPMLs)

March 25, 2020

Top 10 Cities With Best, Worst Mortgage Leverage

To determine where homeowners have the most unsustainable mortgage debts, a credit reporting site compared the median mortgage debt to the median income and median home value in more than 2,500 U.S. cities.

March 13, 2020

NewRez Joint Venture Benefits Teachers Needing Mortgages

National mortgage lender NewRez is offering down payment support and homebuyer education programs geared towards helping teachers.

February 19, 2020

Mortgage Employee Gets 46 Months For $2 Million Theft

A New Jersey woman has been sentenced to 46 months in federal prison after admitting to stealing $2 million from the mortgage company that employed her.


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