We’ve been alerted to continued reports of mortgage closing scams. According to reports, scammers target the homebuyers nearing their closing date and use email to pose as real estate professionals and/or settlement agents and get the consumer to transfer closing funds to an account controlled by the scammer.
Our recent report discusses the most common financial complaints reported by consumers across the 50 states and D.C.
The CFPB will assess the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule. We are seeking comments on our plan for the assessment.
Becoming a homeowner is a big decision—both personally and financially. As you decide whether owning a home is the right choice for you right now, here are some financial considerations to keep in mind.
We are seeking comment on our proposal to clarify, make technical corrections, and minor changes to the data that financial institutions are required to collect and report about their mortgage lending, which will improve the quality of mortgage data available to the public.
We recently published our Consumer Response Annual Report, which provides an overview of the complaints we received in 2016.
The Consumer Bureau is proposing changes to Regulation B to help mortgage lenders and is looking for your feedback
If you want to buy a home but you’re concerned about your credit score or credit history, we can help you understand your choices.
While married couples make up the majority of home buyers, single women make up the next biggest segment of home buyers and outpace single men more than two to one. Whether you are buying your home on your own or with a partner, we have resources to help you make your move to home ownership this year.
Your down payment will affect not just how much money you need to bring to closing, but also how much your mortgage will cost overall. Read on to find out what to consider when deciding your down payment.