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We’ve updated our mortgage servicing rules to provide greater protections for mortgage borrowers and other homeowners

Today we finalized new changes to our mortgage servicing rules. These updates ensure that mortgage servicers treat homeowners and struggling borrowers fairly.  They also provide servicers with greater clarity about how to comply with the rules.

Published Category: Info for consumers

Mortgage Moves: How many loan offers will you get?

Let’s look at what happens when you find the right home. It’s easy to get excited about the thought of owning your own home, but not about the process of paying for it. We have a lot of information to help you through the process of getting a mortgage, but in this blog and a few more, we want you to focus in on five factors you’ll want to consider when you are starting out.

Published Category: Info for consumers

El Banco de Ahorros Hudson City pagará $27 millones para aumentar el acceso al crédito en vecindarios mayormente afroamericanos e hispanos que discriminaba

Cuando usted está buscando una hipoteca, no debería tener que preocuparse por que lo discriminen. La Ley de Igualdad de Oportunidades de Crédito (ECOA, por sus siglas en inglés) prohíbe que los prestamistas discriminen a los solicitantes debido a su raza o etnicidad.