Banks & Mortgage Servicers Blogs

Here’s What You Should Know About Reverse Mortgages

By Atlas Law Center / January 15, 2016

Reverse mortgages are mortgages available to older adults (age 62 and older) that allow them to borrow money based on […]

By Atlas Law Center / December 28, 2015

It has been two years since the Consumer Finance Protection Bureau (CFPB) enacted amendments to Regulation X of the Real Estate Settlement Protection

By Atlas Law Center / February 2, 2015

According to this article in the New York Times, the Consumer Financial Bureau is set to release its first set of

By Atlas Law Center / August 11, 2014

The Department of Justice took a lot of flak for failing to prosecute the banks whose mortgage lending practices contributed

By Atlas Law Center / June 9, 2014

In the wake of the most recent financial crisis, many homeowners who had either lost their homes to foreclosure or

By Atlas Law Center / March 29, 2014

A number of individuals in the financial industry convinced a staggering number of elderly homeowners to enter into reverse mortgages

By Atlas Law Center / March 21, 2014

When the subprime mortgage crisis exploded in 2007 and helped to spark the nation’s most recent recession, lawmakers, experts and

By Atlas Law Center / January 8, 2014

In 2007, Congress enacted the Mortgage Forgiveness Debt Relief Act. It was designed to remove the negative tax consequences of

By Atlas Law Center / December 24, 2013

Ocwen is the latest mortgage servicer to enter into a consent order with the CFPB and 49 of the 50

By Atlas Law Center / December 4, 2013

I normally applaud the CFPB for its aggressive regulation and its attempts to expand its regulatory reach. When the CFPB