Private mortgage insurers have been alerting clients and potential clients they will insure loans whose closing have been delayed by federal shutdown.
Limited staff working on single-family loans during shutdown after department revises contingency plans.
The 13.000-member, $103 million Cooperative Center Federal Credit Union expressed support Sept. 24 for Richmond, Calif., to obtain and restructure some mortgages even if the Bay Area town has to use eminent domain.
The fight between the City of Richmond, Calif. and 624 mortgage lenders continues, as the city attempts to obtain the loans through eminent domain.
Berkeley, Calif., credit union states support of idea passed by Richmond, Calif., council members.
Governor calls proposed regs "groundbreaking." They would, among other things, forbid such coverage from insurer affiliated with servicer.
Eminent domain plan wins Richmond City Council approval but remains in limbo in face of state law.
Bureau says online tool will offer easy access to public mortgage information.
Stats available for individual credit unions, banks, savings associations and other mortgage lenders.
In wake of CFPB rules, legal experts advise: Strengthen those protections through better communications, documentation.