In a giant sweep against foreclosure relief scammers, the CFPB, FTC and 15 states are filing a handful of lawsuits against companies and individuals that collected more than $25 million in illegal advance fees with false promises to prevent foreclosures.
One of housing’s biggest financiers BlackRock plans to jump into the fight over the financial future of Detroit, lodging a court filing that could allow it to put its legal muscle behind an effort to help bondholders.
The Justice Department and other federal and state agencies are looking into bubble-era bank practices surrounding issuance of RMBS, going on what Clayton Holdings attorneys characterized as a "fishing expedition" in response to a government subpoena.
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More