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Last Updated June 1, 2015 11:57 AM Central


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Bankruptcy Courts Can't Strip Jr Liens (June 1)
Junior liens held by mortgage lenders can't be voided by a bankruptcy judge just because the borrower is in a negative-equity position, according to a decision from the nation's high court.



Point Quicken in Litigation Match With Government (May 29)
The government was dealt a blow in the dueling lawsuits filed by Quicken Loans Inc. against the Department of Justice and by the Justice Department against Quicken.



Wholesaler Settles Charges of Discrimination (May 29)
One of the nation's 25-largest lenders has settled allegations that minority borrowers were charged higher rates and fees on loans originated through its wholesale lending channel.



NY Foreclosure War Rages as Servicers, State Team Up (May 26)
Mortgage holders in New York continue to battle delinquent borrowers, judges and challenges to standing based on, in one instance, "law office failure" and, in another, "clerical error." Servicers have teamed up with the state government to cut down on "zombie properties."



Chicago Bank Settles Mortgage Discrimination Charges (May 26)
A bank based in Wisconsin and operating in three Midwest states has settled allegations that it discriminated against black and Hispanic mortgage borrowers.



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