Quicken Accused of Illegal VA Ads
Direct mail advertisements sent by Quicken Loans Inc. to veterans in the state of Washington allegedly violated state laws.
Former Bank CEO, CFO Arrested
The former chief executive officer and chief financial officer of an Oregon bank have been indicted over alleged accounting fraud.
Silver Lining in Disparate Impact Decision
The nation's highest court has made a decision on disparate impact claims, and it's not all bad for home lenders.
Risk of Occupancy, Valuation Fraud Still a Problem
The risk of overall mortgage fraud retreated last year. Still, the risk of occupancy and valuation fraud remains elevated.
Mortgage Servicers v Borrowers
The latest round of servicer litigation activity includes a servicer, evidently weary of a Maryland couple's frequent lawsuits, that asked for a court ruling forbidding them from suing again. A Florida court clarified for mortgage firms what constitutes an attempt to collect a debt when communicating with a debtor about loss mitigation comprise, and a federal appeals court ruled on the timing of online payments.
Big Decision in Repurchase Lawsuit
A federal judge has handed down a decision in a case that could have big implications on other repurchase lawsuits.
Legal Experts Weigh In on CFPB Action Against PHH
|Foreclosures Worsen from Year Ago
Although there was little change in foreclosure activity on a month-over-year basis, foreclosures have worsened compared to a year earlier.
Several legal experts have weighed in on the Consumer Financial Protection Bureau's decision to order PHH Corp. to pay $100 million more than was recommended by an administrative law judge.
CoreLogic Employee on Leave for Role in McKinney Melee
In addition to the resignation of the police officer at the center of the McKinney, Texas, controversy, CoreLogic Inc. has placed an employee on leave for her role instigating the incident.
Auditor to Assess Ocwen Servicing Compliance in CA
An auditor has been named by a California regulator to determine whether Ocwen Financial Corp.'s mortgage servicing practices comply with federal and state laws.