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The Mortgage Mix: Rates Keep Climbing and Forecasts Need Revising

Mortgage rates continue to rise after another interest rate hike, leaving forecasters to rethink their outlook for the housing market.

United statesFreddie macJoel kanJerry maguireRoger scott dyerSam khaterDominic ahigaNational mortgage newsConsumer financial protection bureauMortgage bankers associationFannie maeCalifornia department of financial protectionMortgage mixVice presidentIndustry forecastingFederal trade commission

Federal Court Shutters Sham Mortgage Relief Operation

Federal Court Shutters Sham Mortgage Relief Operation
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United statesSamuel levineClothilde hewlettRoger scott dyerDominic ahigaBureau of consumer protectionUs district courtInfocom entertainment ltdGreen equitable solutionsCalifornia department of financial protectionAtlantic pacific service groupApex consulting associates incMortgage assistance relief services ruleConsulting enterprises incGolden home services americaAcademy home services

Court shuts down alleged sham mortgage relief operation in California

U.S. District Court for the Central District of California said there was strong evidence that the sued companies illegally charged thousands of dollars with false promises that they would alter consumers' loans.

United statesSamuel levineClothilde hewlettRoger scott dyerDominic ahigaAtlantic pacific serviceUs district courtCalifornia department of financial protectionAtlantic pacific service groupMortgage assistance relief services ruleAcademy home serviceGolden home services americaAcademy home servicesFederal trade commissionCalifornia departmentFinancial protection

Mortgage Relief Operation Allegedly Bilked Homeowners Out Of $6 3M

Operation promised to help distressed homeowners negotiate with lenders to lower their interest rates, monthly payments or principal amounts.

United statesNorth carolinaMichael dominic grinnellSamuel levineRoger scott dyerDominic ahigaBetter business bureauInfocom entertainment ltd incBureau of consumer protectionCalifornia department of financial protectionGreen equitable solutionsApex consulting associates incAtlantic pacific service groupMortgage assistance relief services ruleGolden home services americaConsulting enterprises inc

Borrowers lost over $6M in mortgage modification scam, regulators say

The filing is the first joint action by the Federal Trade Commission and California Department of Financial Protection and Innovation to rely, in part, on the enforcement of the state's 2020 consumer protection law.

United statesNorth carolinaMichael dominic grinnellRoger scott dyerClothilda hewlettManny alvarezDominic ahigaAtlantic pacific serviceHome relief service of americaUs district courtGreen equitable solutionsCalifornia department of financial protectionApex consulting associatesConsulting enterprisesMortgage assistance relief services ruleAmstar service group