The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry for a pilot program looking at whether electronic fillings can improve the mortgage closing process. News
Today, we announce an enforcement action against Colfax Capital Corporation and its subsidiary Culver Capital, LLC for engaging in unlawful lending practices that targeted and financially harmed servicemembers. Although the name Colfax Capital Corporation might be new to some, this is actually the last gasp of a chameleon-like company with a long and deplorable record [...]
Closing on a mortgage can be one of the most exciting, and one of the most stressful times of your life. It comes after you’ve chosen your home, scoured the neighborhoods, evaluated the neighboring schools, and exchanged countless pieces of paperwork between your lender, realtor, home inspector, and others. You’ve made offers and finally had [...]
