Following widespread concern over the actions of a number of independent mortgage servicers, Congresswoman Maxine Waters (D-CA), top Democrat on the Financial Services Committee, has called on.
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Community Banks – Maxine Waters says BB&T-SunTrust merger deserves ‘serious scrutiny’House Financial services committee chairwoman maxine Waters, a California Democrat, said Thursday the proposed merger between BB&T.
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The pace of House and Senate Appropriations Committee hearings as a result has begun to noticeably pick up, and in other news house democrat leader Steny Hoyer announced an ambitious goal of passing.
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Senators ask for GSE options and get an earful. march 29, 2011.. The downside, he said, is that mortgage rates will be higher, at least 100 basis points, after all of this..
WASHINGTON (AP) – The government’s consumer watchdog agency came under new scrutiny from the House Financial Services Committee, now controlled by.
Waters wrote, "I request that you closely scrutinize all transfer of mortgage servicing rights (MSR) from banks to nonbank servicers to ensure that these nonbank servicers have the operational capacity to manage the increased volume. Additionally, I request you to exam the extent to which these servicing transfers are