Clinton Supports Tougher Financial Regulation
In an article written by presidential candidate Hillary Clinton, the former secretary of state and senator describes how she, if elected president, would prevent the next financial crisis.
Fifth Third Agrees to Big FHA Settlement
Fifth Third Bancorp has agreed to settle with the government civil fraud claims on government-insured residential loans that it originated over a 10-year period.
HLSS Settles Charges of Material Misstatements
Home Loan Servicing Solutions Ltd. has settled allegations of mishandling the valuation and acquisition of mortgage servicing rights.
Bankruptcy Filings Dip
Fewer American consumers resorted to bankruptcy courts last month, though the decline was minimal. A more substantial drop was recorded versus a year ago.
Bank Settles St. Louis Redlining Allegations
Just days after reaching a record redlining settlement with a bank in the Northeast, the government has extracted another settlement over alleged discrimination.
Gov Sues 5 Firms for Fraudulent FHA Payments
A federal lawsuit filed by the government alleges that five mortgage lenders used an elaborate scheme to avoid repurchases and the loss of their Federal Housing Administration approvals.
Outcome of Quicken Case Could Impact Social Media
The outcome of a federal action against Quicken Loans Inc. could impact what employees can say about their employers on social media sites.
Record Settlement in Mortgage Discrimination Case
A settlement of alleged discriminatory lending practices is the largest ever of its kind and just the latest in a series of similar legal actions.
Unsettled Issues Still in CA Foreclosure Protections
Although it has been effective since Jan. 1, 2013, California's Homeowner's Bill of Rights is still working its way through the trial and appellate courts, searching for clarification on many of its unclear provisions.
Former GMAC Secondary Executive Headed to Jail
A former executive at GMAC Mortgage LLC will spend more than three years in prison for accepting bribes so that bids on loans sold by the former lending giant would be accepted by his accomplices.