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.
Quicken Sues Gov Over DOJ Shakedown on FHA Loans
Quicken Loans Inc. has filed a lawsuit alleging that it is being pressured to settle with the government on compliant Federal Housing Administration loans.
Chase Production Rises, Servicing Pulls Back
|U.S. Foreclosure Metrics Deteriorate
Not only did the number of new foreclosure filings increase last month, but total filings leapt, the foreclosure rate deteriorated and repossessions soared.
Quarterly home lending activity moved higher at JPMorgan Chase & Co. The size of the servicing portfolio, however, shrank.
Lender Settles Allegations of Cheating on Exams
Executives at a mortgage banking firm are accused of collecting information about test exams and passing them on to loan originators. A multi-million-dollar, multi-state settlement includes the ouster of the chief operating officer.
Bank Executives Battle Criminal Charges
Embezzlement, loan fraud and schemes to hide poor loan performance set the stage for the latest round of legal actions involving criminal allegations and prosecution against former bank officials.
FHA Settlement at First Horizon
A settlement on government-insured mortgages at First Horizon National Corp. is similar to another such agreement by a mortgage unit it used to own.