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Now-settled mortgage servicing violations permeated every step of the foreclosure process and were monitored by top executives across the entire industry, according to findings released by the Department of Housing and Urban Development Inspector General.
The $25 billion...
BankAtlantic Bancorp ($12.42 0.09%) and BB&T...
BankAtlantic Bancorp ($12.42 0.09%) and BB&T...
A well-known Florida attorney and whistleblower who appeared on '60 Minutes' to make allegations of robo-signing against mortgage servicers will receive $18 million to settle her lawsuit over the foreclosure of her condo.
The funds will go to Lynn Szymoniak, the first in South Carolina to...
A well-known Florida attorney and whistleblower who appeared on '60 Minutes' to make allegations of robo-signing against mortgage servicers will receive $18 million to settle her lawsuit over the foreclosure of her condo.
The funds will go to Lynn Szymoniak, the first in South Carolina to...
Two senior executives at PHH Corp. ($21.71 0.23%), including the company's mortgage division president, resigned to pursue other interests, the...
Two senior executives at PHH Corp. ($21.71 0.23%), including the company's mortgage division president, resigned to pursue other interests, the...
JPMorgan Chase ($52.31 0.01%) agreed to pay the federal government $45 million to settle a lawsuit accusing big banks of charging military...
JPMorgan Chase ($52.31 0.01%) agreed to pay the federal government $45 million to settle a lawsuit accusing big banks of charging military...
A federal judge in Arizona sentenced a former loan officer to 15 years in prison this week for running a $40 million mortgage fraud scam.
The scheme preyed on lenders, including Countrywide Financial, which is now under the umbrella of Bank of America...
A federal judge in Arizona sentenced a former loan officer to 15 years in prison this week for running a $40 million mortgage fraud scam.
The scheme preyed on lenders, including Countrywide Financial, which is now under the umbrella of Bank of America...
An unusually warm winter and low interest rates compelled more homebuyers in Minneapolis-St. Paul to sign home purchase agreements in February.
Buyers in the 13-county Twin Cities metropolitan area signed 3,756 purchase agreements, up 34.2% from a year earlier, according to the...
Purchasing power among Latinos in the U.S. rose to $1.1 trillion in 2011, a sign of continued growth in influence on the economy and housing market, according to a real estate trade group.
The National Association of Hispanic Real Estate Professionals said many factors,...
Purchasing power among Latinos in the U.S. rose to $1.1 trillion in 2011, a sign of continued growth in influence on the economy and housing market, according to a real estate trade group.
The National Association of Hispanic Real Estate Professionals said many factors,...
Analysts expect between 900,000 and 1 million homes will move from delinquency into REO in 2012, back to levels seen before the robo-signing slowdown.
Servicers moved roughly 800,000 properties through the foreclosure process and into REO liquidation in 2011, according to...