loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Servicing / The Ticker

Chicago foreclosure ordinance blocks lenders

foreclosure sign

According to Law360, a new Chicago law that prevents foreclosing entities from evicting tenants could be bad news for the city's loan-to-own business. It also has the potential to spawn litigation. Law360 has more:

The Keep Chicago Renting ordinance, passed in June and set to be implemented this month, puts new regulations on parties that obtain title to rental properties through foreclosure, requiring them either to provide tenants funds for relocation or to offer to renew or extend leases with caps on rent increases.

Source: Law360
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus