Last year, we released a web-based tool that provides the public with easier access to mortgage data for 2007 through 2012. Today, we’re updating the database with 2013 data, in coordination with the Federal Financial Institutions Examination Council. What’s HMDA? The Home Mortgage Disclosure Act or HMDA requires many financial institutions to maintain, report, and [...]
Last year, along with authorities from 49 states and the District of Columbia, we ordered Ocwen Financial Corporation and Ocwen Loan Servicing to provide $ 125 million to foreclosure victims. The National Ocwen Settlement Administrator is responsible for handling settlement claims and has created a website with information for consumers who were harmed by Ocwen’s [...]
The public, industry, and the government all benefit from regulations that are easier to find, read, and understand. That is why last year we launched our eRegulations tool which combines important information that can often be difficult to navigate or is spread throughout a regulation, often separated by dozens or even hundreds of pages. Ideally, [...]
