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
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Items Tagged with 'Home Depot'

ARTICLES

Home Depot up after company beats expectations on $24.8B 2Q sales

Trading up Tuesday as retailer raises fiscal year 2015 guidance
The Home Depot is having a good day on the Street after it beat analyst expectations in the second quarter with sales of $24.8 billion for the second quarter of fiscal 2015, a 4.3% increase from the second quarter of fiscal 2014 - all despite the big credit card data breach last September.
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WATCH: Bryce Dallas Howard cries over Home Depot

Choosing wood gets pretty emotional
Star of Interstellar and Jurassic Park, Bryce Dallas Howard, has talent far beyond saving the entire world and engineering dinosaurs. This video of the actress shows her quick talent of crying on command as Conan O’Brian drags on about the Home Depot shopping experience.
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Home Depot posts $1.6B net income in 1Q

Retailer improves fiscal year sales guidance on sales gains
The largest home improvement retailer, Home Depot, reported big gains in sales and net income — so much in fact they've raised their sales guidance for the rest of 2015.
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SEC filings reveal BlackRock’s substantial interest in housing

Ownership disclosures show breadth of empire
Over the last few weeks, HousingWire has chronicled the stock ownership disclosures of BlackRock, revealing that the company holds significant interest in many of housing’s biggest names, including Altisource Residential, CoreLogic and Lowe’s. As it turns out, those disclosures only scratch the surface of how deep BlackRock’s roots extend into housing.
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NYSE canceling suspicious Home Depot stock trades

Stock plummeted nearly 10% in less than a minute
The New York Stock Exchange reviewed and subsequently canceled a series of trades involving Home Depot that took place during a one-minute period on Tuesday, according to a report from Marketwatch.
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Home Depot warns customers with stolen email addresses

Recommends customers be alert for phishing emails
Home Depot today emailed the millions of customers whose email addresses were stolen in the massive data breach that also compromised 56 million payment cards: "In all likelihood this event will not impact you, but we recommend that you be on the alert for phony emails requesting personal or sensitive information."
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Home Depot hackers also stole 53 million emails

Massive data breach gets worse
In addition to the previously disclosed theft of the payment card data, Home Depot said Thursday that files containing approximately 53 million email addresses were also stolen, but advised that the files did not contain passwords, payment card information or sensitive personal information.
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Home Depot breach cost credit unions almost $60M

CUNA calls for Congressional action; 7.2 million cards affected
The data security breach at Home Depot stores in September cost credit unions nearly $60 million to reissue cards, deal with fraud and cover other costs, according to the results of a new survey of credit unions conducted by the Credit Union National Association.
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