The Trump administration wants to back off yet another mortgage-related lawsuit, aiming to exit a dispute between borrowers and Mr. Cooper over alleged servicing junk fees. The Consumer Financial Protection Bureau asked a judge to withdraw its amicus brief supporting plaintiffs challenging Mr. Cooper’s $25 expedited payoff quote statements. In that brief filed last August, […]
CFPB backs off Mr. Cooper ‘junk fee’ lawsuit Read More »
Bill Pulte, a key housing regulator, is poised to do something about high costs associated with credit metrics as two key legislators steer him away from one related move his predecessor considered. “Still not happy with FICO. We should be making some decisions on all related items in next 1-3 weeks,” Pulte said in an
Pulte plans credit score move as legislators back tri-merge Read More »
Altisource Portfolio Solutions is doing a reverse split of outstanding common stock, effective Wednesday May 28, to regain market listing compliance. The Luxembourg-based company, known as the former servicing platform provider for Ocwen (which recently rebranded to Onity) is listed on the Nasdaq Global Select Market. Why Altisource is doing a reverse split On Dec.
Altisource Portfolio looks to regain Nasdaq compliance Read More »