Ocwen Resolves California License
Ocwen Financial Corp. has overcome the possible suspension of its California license through a settlement with the state.
Chase, Wells Hit With CFPB Actions Over Kickbacks
Alleged kickbacks from a now defunct title insurance agency has prompted the Consumer Financial Protection Bureau to take costly action.
Supreme Court Hears Arguments in Disparate Impact Case
Supreme Court justices heard arguments on Wednesday for and against disparate impact provisions of the Fair Housing Act.
Disparate Impact Decision Could Undermine States
The U.S. Supreme Court is scheduled to hear oral arguments this week in a disparate impact case out of the Lone Star State.
Supreme Court Rules on Mortgage Rescissions
A decision in favor of lenders on how long borrowers have to rescind a loan has been overturned by the nation's high court.
Chase Continues Correspondent Growth
Despite a decline in quarterly retail originations, JPMorgan Chase & Co. lifted correspondent activity for the second consecutive quarter -- pushing overall volume higher.
Huge Settlement In Works at Chase
JPMorgan Chase & Co. is negotiating a settlement in a class action tied to shoddy mortgage-backed securities issued by The Bear Stearns Companies Inc. before it bailed out the firm.
Fewer Bankruptcies Filed in 2014
Despite an up tick in the final month of last year, full-year bankruptcy activity moved lower in 2014.
BofA On Winning Side of Repurchase Settlement
Bank of America Corp. has typically been on the losing side of repurchase settlements. But this time around, BofA is the one being paid.