Bank of America is seeking to overturn bankruptcy rulings that released two Florida homeowners from paying back second mortgages that were completely underwater.
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Newrez faces $4.2M penalty for servicing violations
Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans.
Supreme Court won’t hear mortgage firm’s appeal in CFPB case
The long-defunct Nationwide Biweekly Administration, accused in 2015 of deceptive marketing, has been ordered to pay a $7.93 million civil money penalty.
States, mortgage regulators call for end to OCC escrow moves
Preemption would hurt affordability for many, the Conference of State Banking Supervisors and the American Association of Residential Mortgage Regulators said.
Rocket accused of steering buyers to its mortgage business
Rocket denied the allegations, saying the lawsuit is a retread of a case the Consumer Financial Protection Bureau filed that was quickly dismissed.
Hallmark Home Mortgage accused in Ponzi scheme lawsuit
A Florida man's racketeering class action case accuses two mortgage employees of conspiring with a homebuilder to facilitate fraudulent construction draws.