Point Quicken in Litigation Match With Government
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
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.
Leader of Massive Mortgage Fraud Ring Sentenced
The leader of a massive mortgage fraud ring, his mother and his sister were all sentenced Tuesday in a case where a total of 91 people have been charged.
NY Foreclosure War Rages as Servicers, State Team Up
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."
WI Bank Settles Mortgage Discrimination Charges
A bank based in Wisconsin and operating in three Midwest states has settled allegations that it discriminated against black and Hispanic mortgage borrowers.
Might Be 2 Years Before US v Quicken Goes to Trial
The battle between the U.S. government and Quicken Loans Inc. might not make it into a courtroom for two years.
Lawsky Leaves Legacy in Mortgage Lending
|Home Repossessions Jump Again
For the second consecutive month, a surge was reported in the number of foreclosures that were completed. New filings, however, were down.
One of the most powerful state regulators leaves a legacy of actions against mortgage firms as he steps down from his post in the Empire State.
Government Objects to Quicken Home Town Court Venue
The U.S. government is objecting to Quicken Loans Inc.'s attempt to establish the court venue in a legal wrangling between the Department of Justice and the online lender.