Articles About Center For Responsible Lending
- Author:
- Mike Ochs
- Posted:
- 02.21.2012
As Foreclosures Decline, Federal Government Makes Deal With 49 States
In good news for beleaguered homeowners, the Obama administration announced a $26 billion mortgage settlement, which 49 out of 50 state attorneys general signed on to. The deal won praise from such groups as the Mortgage Bankers Association, the industry trade group for lenders, and the Center for Responsible Lending, a public interest group advocating […]
- Author:
- Mike Ochs
- Posted:
- 12.06.2011
Home Delinquencies Fall; Foreclosures Rise
Fewer borrowers currently are delinquent on their home loans, a Mortgage Bankers Association (MBA) report shows. Curiously, new foreclosures are rising in states like California. This is evidence that the nation still must endure significant pain before the housing crisis finally comes to an end. According to some analysts, the nation is only halfway through […]