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 'Colorado'

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Colorado broker suspended for stealing from homeowners

Took prescription drugs from medicine cabinet
An investigation found that Robert Marshman abused his position in the real estate business by searching for prescription medication, and stole prescription drugs belonging to the homeowner on an “unknown number of occasions.”
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Foreclosure law firm to pay $10m to settle price-gouging complaint

Came to the front when Fannie Mae pulled plug
In a call to HousingWire, an attorney with Brownstein Hyatt Farber Schreck, the firm representing Aronowitz & Mecklenburg, said his client is also going to look for someone to purchase the foreclosure operation. Colorado's attorney general filed a complaint alleging the foreclosure law firm set unreasonably high prices for its services, knowing there was little homeowners or the state could do about it.
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Home-loan payoffs in Colorado fall to 5-year low

According to a new report released today by the Colorado Division of Housing, public trustees in Colorado released a total of 50,128 deeds of trust during the first quarter of 2014, which was the lowest quarterly total recorded since the Division began collecting quarterly totals in 2008.
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