RESPA Violations Result in Settlements
More players have settled in a case involving alleged illegal kickbacks for referring borrowers to title insurance companies.
Bank Foreclosing on Whistleblower
A former employee of a Wells Fargo & Co. subsidiary who blew the whistle on the company is now facing foreclosure by the very same company.
Ohio Servicers Struggle With Foreclosure Litigation
Lenders take it on the chin in the latest round of Ohio foreclosure cases -- with several losing on appeal. Ohio's top court issued a ruling on proving standing, and, an Ohio appellate court observes that it has recently seen significant problems in the affidavits submitted by bank employees accompanying requests for summary judgment in foreclosures.
Influencing Mortgage Regulation
Mortgage firms can do more to influence regulation, and they don't need lobbyists or lawyers, a pair of legal experts told attendees at a mortgage servicing conference.
Quicken Founder Says Gov Lawsuit Riddled W/Errors
In a conference call Friday, Quicken Loans Inc.'s founder and other company executives highlighted errors in the government's lawsuit against it.
Government Strikes Back at Quicken
Just days after filing a lawsuit against the government, Quicken Loans Inc. has become a defendant in an apparent retaliatory action.
Regulator Digs In on HOA Super Priority Liens
The regulator of Fannie Mae and Freddie Mac is standing firm on its position on super-priority liens by homeowners associations.
Green Tree Settles Allegations of Servicing Abuse
Green Tree Servicing LLC has agreed to pay more than $60 million to settle allegations that it abused distressed borrowers.
Standing Remains Issue in Florida Foreclosures
Lender losses on the basis of standing continues to show as a trend in Sunshine State mortgage litigation for the first quarter of 2015, while the question of whether a lender's/servicer's business records constitutes inadmissible hearsay is also beginning to show up in Florida foreclosure litigation.