KleinBank Fires Back on Redlining Allegations
Allegations that were made in a government lawsuit alleging a Minnesota bank engaged in redlining are being vigorously disputed by the 110-year-old organization.
DOJ Sues MN Bank Over Mortgage Redlining Charges
The federal government has filed a lawsuit against a bank out of Minnesota alleging housing discrimination against minorities.
HomeStreet Hurt by Market Forces, Settles w/SEC
HomeStreet Inc. revealed a small settlement with the Securities and Exchange Commission and said income was disrupted by the mortgage market.
Moody's Reaches RMBS Settlement
Moody's Investor Services Inc. and some Moody's affiliates have agreed to settle allegations of misleading investors about mortgage-backed securities.
Chase's Staff, Mortgage Originations Increase
Quarterly home-lending volume accelerated at JPMorgan Chase & Co., while the financial institution's human resource assets have been expanding.
BofA Charged With Discriminating Against Hispanics
Bank of America, N.A., has been charged with treating Hispanic mortgage applicants in South Carolina worse than their non-Hispanic counterparts.
Attorney Who Forged Assignments Only Gets Probation
A Massachusetts attorney who forged mortgage assignments so he could fraudulently collect over $1 million in payoff proceeds has avoided prison.
10-Year Low for Consumer Bankruptcy Filings
Last year, there were fewer consumer bankruptcies filed than in any year during the last decade. Monthly filings, though, rose from a year earlier.
Another Credit Bureau Settlement Reached
Just days after a settlement was disclosed by one provider of credit services, another settlement has been revealed with another credit services provider.
Range of Mortgage-Related Conferences During Q1
A range of mortgage-related events taking place during the first quarter of this year include a pair of commercial real estate conferences, a bankruptcy convention and an independent lender event.