Freedom Mortgage and Loancare say they’ve settled a long-running fight over servicing practices, two years after a jury awarded a $22 million verdict in the case. The agreement disclosed in federal court this week will end both district court and federal appeals court cases. Freedom took the fight to the Third U.S. Circuit Court of […]
Freedom and Loancare settle long-running servicing dispute Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. The recent decision by the Department of Housing and Urban Development and the Office of Management and Budget to roll back key policies of the Property Appraisal and Valuation Equity (PAVE) task force marks a pivotal shift in federal housing policy. What
Why HUD was right to roll back PAVE rules Read More »
Mortgage rates rose this week as the latest Consumer Price Index report further dashed hopes in some minds for a Federal Open Market Committee reduction in short-term rates at its July meeting. “The 30-year fixed-rate mortgage inched up this week and continues to stay within a narrow range under 7%,” said Sam Khater, Freddie Mac
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