Accused of wrongfully evicting homeowners, Safeguard Properties fights back in court. The firm defends its business practices and accuses the state of Illinois of making firms jump through hoops in keeping vacant properties up-to-date—only to end up on the hook for alleged transgressions during the process.
Illinois Attorney General Lisa Madigan said that her office has filed suit against Safeguard Properties, a national property preservation provider, over what the AG's office characterized as "illegal eviction practices."
Wow! That was our reaction to the response we received for this year’s HW TECH100 call for nominations. This year, more than 250 companies submitted a nomination, and we’re grateful for the interest in our efforts with this unique program..
In the tech world a “stack” refers to all the elements of something. For the mortgage industry, the idea of the single stack is that one platform (digital, automated and based in the cloud) can either meet all of the functional requirements involved in assembling a mortgage, or can serve as an efficient moderator for the process via open APIs (application programming interface), which are now taking off within the mortgage industry. Read More
Nothing reeks of hypocrisy more than the regulator ignoring regulations, but the CFPB has racked up plenty of violations in the last year. And we’re not talking about small, nitpicky examples, but instances that have real-life consequences. If a lender or servicer were to violate any of these standards, they could expect swift and harsh punishment from the CFPB. Read More