Relevant:
- Bear Stearns and EMC Mortgage to Pay $28 Million to Settle FTC Charges of Unlawful Mortgage Servicing and Debt Collection Practices
- Trump Financial Regulator Quietly Shelved Discrimination Probes Into Bank of America and Other Lenders: Propublica
- SEC Invites Whistleblower Claims in JPMorgan Chase Mortgage Settlement
- Homeowner Refinancing Act Resubmitted by Senators Menendez and Boxer
- Arizona sues 2 mortgage relief companies
2009-12-14 — housingwire.com
"FHA said in an e-mailed statement early last week that ETM charged both a broker fee and an additional 1% of the mortgage amount in origination fees, exceeding the 1% limit set by HUD. FHA claims ETM charged these unauthorized fees to a “substantially greater†portion of minority borrowers — 68% — than non-minorities."
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