CBS New York- Officials are warning the foreclosure crisis in the boroughs isn’t over and are taking aim at so-called “zombie properties.” Although many people

The Denver Post- Homeowners victimized by a law firm's alleged overcharging of foreclosure fees are receiving restitution of $7.7 million. The money comes from an

HUD No. 15-048 Cameron French (202) 708-0980 FOR RELEASE Friday April 24, 2015 HUD ANNOUNCES CHANGES TO DISTRESSED ASSET STABILIZATION PROGRAM HUD requires Investors to

WILLIAM CRAIG RUSSELL, Appellant, v. AURORA LOAN SERVICES, LLC; NATIONSTAR MORTGAGE, LLC; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INCORPORATED AS NOMINEE FOR FIRST NATIONAL BANK OF ARIZONA;

Reuters- In successive rulings in 2013, three well-regarded federal judges in Manhattan endorsed the Justice Department’s creative adaptation of an old law from the savings

April 23, 2015 Contact: Matt Anderson, 212-709-1691 NYDFS ANNOUNCES DEUTSCHE BANK TO PAY $2.5 BILLION, TERMINATE AND BAN INDIVIDUAL EMPLOYEES, INSTALL INDEPENDENT MONITOR FOR INTEREST

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, April 23, 2015 United States Files Lawsuit Alleging that Quicken Loans Improperly Originated and

H/T Abby In The Supreme Court Of California TSVETANA YVANOVA, Plaintiff and Appellant, v. NEW CENTURY MORTGAGE CORPORATION, OCWEN LOAN SERVICING, LLC, WESTERN PROGRESSIVE, LLC,

United States District Court Northern District of Illinois - CM/ECF LIVE, Ver 6,1 (Chicago) CIVIL DOCKET (Attached) FOR CASE #: 1:13-cv-06397 Hammer v. Residential Credit

Lexology- The legal aid group Advocates for Basic Legal Equality (ABLE) has taken a novel approach to using the False Claims Act by initiating a

Green Tree to Pay $48 Million in Borrower Restitution and $15 Million Fine for Servicing Failures WASHINGTON, DC (April 21, 2015) — Today the Consumer

One has absolutely NO idea what a homeowner went through with the stress after losing their roof, mind, some their family and most importantly even

REUTERS- Wells Fargo Bank breached a nationwide 2010 legal settlement involving adjustable-payment mortgages, a federal judge ruled, finding that the bank did not properly evaluate

Fraudulent Income Overstatement on Mortgage Applications During the Credit Expansion of 2002 to 2005 Atif R. Mian Princeton University - Department of Economics; Princeton University

CURRENT Opinion Bank of America v. Peterson, No. 12-2508 (8th Cir. 2015) In 2014, the Eighth Circuit held that the Petersons’ claim for rescission under

Agreement Resolves Allegations Firm Enabled Bank To Paint False Picture Of Its Financial Statements By Temporarily Removing Tens Of Billions Of Dollars Of Securities From

WSJ- Even the daughter of the CEO of the largest U.S. mortgage lender is found it hard to buy a home in one of the

Decided on April 14, 2015 Tom, J.P., Renwick, DeGrasse, Gische, Clark, JJ. 13454 381904/09 [*1] HSBC USA, etc., Plaintiff-Respondent, v Betty Lugo, Defendant-Appellant, New Century

This never ending nightmare is far from over! Housing Wire- Home equity lines of credit taken during big housing bubble just before the crash may

The Legal Intellingencer- Two class action lawsuits are winding their way through the courts in Pennsylvania. Both involve county clerks as plaintiffs, and Mortgage Electronic