Chase's Mortgage Originations Run Upward
With a retail spike in quarterly home lending activity, overall mortgage production at JPMorgan Chase & Co. outran prior-period results.
Ginnie COO Among New Mortgage Execs
Among several recent mortgage executive moves are C-Suite appointments at the Federal National Mortgage Association and the Government National Mortgage Association.
Monthly Bankruptcy Filings Inch Up
The number of consumers to file bankruptcy was minimally higher on a month-over-month basis but down from a year earlier.
BancorpSouth Settles Redlining Allegations
A settlement has been reached between the government and Bancorp South Inc.'s banking subsidiary over allegations of discrimination and redlining.
US Supreme Court Agrees to Hear BofA, Wells Cases
The highest court in the land has granted two banks' request to challenge lawsuits alleging discrimination filed by Miami.
Several Correspondent Lenders Settle With ResCap
Nearly a dozen correspondent mortgage lenders have agreed to a settlement with a unit of bankrupt Residential Capital LLC.
Ocwen Settles False Claims Allegations
Ocwen Financial Corp. has settled charges that it violated the False Claims Act on government-insured lending and loan modifications.
BofA Gets Break in Bankruptcy Case
Bank of America Corp. has won a battle in the case of bankrupt borrowers who sought to void a mortgage because of missing signatures.
Former Countrywide Chief Off the Hook
A civil lawsuit planned by the government against Countrywide Financial Corp.'s founder and former chief executive officer has reportedly been dropped.
Bank Settles Discrimination Charges on AUS Denials
First-Citizens Bank & Trust Company has settled charges that manually underwritten white borrowers were denied less for mortgages than their non-white counterparts.