Chris Frankie

Chris Frankie

To Stimulate Or Not to Stimulate?

Bill Bodnar of The Mortgage Market Guide (MMG) discusses current stimulus negotiations and the latest pandemic developments.

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Mr. Cooper to Pay $91M to Settle Claims of Deceptive Practices

Nationstar, which now operates as Mr. Cooper, has agreed to pay $91 million to resolve allegations by the Consumer Financial Protection Bureau and 50 state attorneys general that it engaged in unlawful servicing practices. So reports CNBC.

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CFPB Wraps Up Revamp of Mortgage Underwriting Rules

The Consumer Financial Protection Bureau has issued two final rules easing mortgage-lending rules about a borrower’s repayment ability. So reports Reuters.

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