escrow

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.

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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.

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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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