Walter Investment fined $29.6 million for False Claims Act violations

Walter Investment fined $29.6 million for False Claims Act violations

Subsidiaries allegedly submitted false reverse mortgage claims to HUD

The Wrap: Appraisal volume ticks down after two weeks up

New tips, tools and tricks of the trade

Dear Parents, don’t expect your homebuying Millennials to pay you back

loanDepot graph shows they can barely save for retirement
W S

Items Tagged with 'Lawsuit'

ARTICLES

Ocwen, Assurant to pay $140 million to settle force-placed insurance suit

Class-action suit accused Ocwen of artificially inflating costs
Ocwen Financial and Assurant agreed to pay $140 million to settle a massive class-action lawsuit, which accused Ocwen of artificially inflating the cost of force-placed insurance in exchange for kickbacks from Assurant. The settlement agreement, which is awaiting final approval from federal court in Florida, resolves claims of 399,843 homeowners who allege they were overcharged for insurance.
Read More

Morgan Stanley expects mortgage bond lawsuit from New York AG

Subprime securitizations at the center of lawsuit
It turns out that Morgan Stanley is not out of the woods when it comes to trouble with regulators. Far from it, in fact. The company disclosed that it is expecting to be the subject of a lawsuit filed by New York Attorney General Eric Schneiderman over approximately 30 subprime securitizations sponsored by the company.
Read More

Mark Geragos: More Zillow employees victims of sexual harassment

Tells USA Today: “clearly a major problem” at Zillow
Mark Geragos, the attorney representing Rachel Kremer in her sexual harassment lawsuit against Zillow, said that other Zillow employees have already come forward to corroborate Kremer’s claims that she was the victim of "sexual torture" while working at Zillow.
Read More

Zillow accused of “heinous acts of sexual harassment"

Former employee: Pervasive culture of degrading women
Rachel Kremer, who was an inside sales consultant at Zillow for more than two years, is suing the company, claiming that she was "routinely and unapologetically subjected to despicable and inappropriate sexual conduct" throughout her time with the company.
Read More

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?
The situation surrounding the escrow account shortages discovered at LandCastle Title and the law firm of Morris Schneider Wittstadt has taken another dramatic turn, with PGA golfer Dustin Johnson filing an amended motion which accuses Mark and Rod Wittstadt of conspiring to use Nat Hardwick as a pawn and set him up to take the fall for the shortages that were discovered in the accounts of the firm and its subsidiary, LandCastle Title.
Read More