Quicken Loans sues DOJ, HUD for “shake down”

Quicken Loans sues DOJ, HUD for “shake down”

Says agencies demanding unwarranted penalties, false public admissions

FHFA leaving g-fees alone, revising primary mortgage insurance requirements

Move will lower fees for riskier borrowers; change is ‘revenue neutral’

Court filing reveals name of anonymous whistleblower in Zillow/Move lawsuit

Former Zillow VP of Strategic Partnerships wrote the letter
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Housing crisis? Bank of America takes $533,500 loss on exec’s home

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Bank of America Corp. is fighting an effort to force U.S. banks to reduce the amount some borrowers owe on their mortgage. But property records show that the bank was willing to take one heck of a hit when mortgage chief Barbara Desoer unloaded her Charlotte N.C., home in 2009 as part of a move to California. Desoer and her husband Marc sold their 4,455-square-foot house in Charlotte’s exclusive Eastover neighborhood to relocation company Weichert Relocation Resources Inc. for $1.46 million on May 6, 2009, according to county property records ... Bank of America also paid out $1.5 million for costs related to the purchase of her new home in California and $1.1 million in tax costs, according to a 2009 securities filing.

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