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Watch the Latest Appraisal
News Headlines - mortgage lawsuits


National Mortgage News

Ocwen settles servicing lawsuit with 10 states
National Mortgage News
Ocwen Financial has reached a settlement with 10 states under which it may not acquire servicing rights for eight months but will avoid financial penalties. The settlement does not end the lawsuits filed in April against the West Palm Beach, Fla ...

and more »

Newsmax

Trump's Pick to Run Mortgage Agency Has Helped Lenders Fight It
Newsmax
Collingwood is known in the housing-finance industry as a specialist in helping firms navigate FHA-related penalties and lawsuits. Montgomery's former clients include Wells Fargo & Co., US Bancorp, Nationstar Mortgage Holdings Inc. and Caliber Home ...

and more »

OCRegister

Court: 2 Orange County businessmen stole $18 million in mortgage relief schemes
OCRegister
The defendants, the FTC said, falsely told homeowners they could get “at least $75,000” or their homes “free and clear” through so-called mass joinder lawsuits against their mortgage holders. These suits combined hundreds of consumers in the same ...


Baltimore Sun

Kushner apartments charge improper fees, tenants allege in lawsuit
Baltimore Sun
Baltimore-area tenants of the apartment company owned by Jared Kushner, son-in-law and adviser to President Donald J. Trump, filed a lawsuit Wednesday alleging the firm has been charging improper fees and threatening eviction to force payment ...

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Reuters

Nomura, RBS lose bid to overturn $839 million mortgage bond award
Reuters
Nomura Holdings Inc (8604.T) and Royal Bank of Scotland Group Plc (RBS.L) lost a U.S. court appeal on Thursday to overturn an order requiring them to pay ...

and more »

Fast Company

The War To Sell You A Mattress Is An Internet Nightmare
Fast Company
Then he made a strangely implausible claim: Just a few days before, the mattress e-commerce company Casper had sued three bloggers–competitors of Kenny's–whose reviews Casper didn't like. Kenny and his business partner, fortunately, had been ...


U.S. News & World Report

Las Vegas Gunman's Estate Could Offer Rare Redress for Victims
U.S. News & World Report
FILE PHOTO: A candlelight vigil is pictured on the Las Vegas strip following a mass shooting at the Route 91 Harvest Country Music Festival in Las Vegas, Nevada, U.S., October 2, 2017. Picture taken October 2, 2017. REUTERS/Chris Wattie/File Photo ...

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HousingWire (blog)

Part 2: The fallout of the Bank of America vs. City of Miami decision
HousingWire (blog)
Since 2014, large mortgage lenders like Bank of America and Wells Fargo have seen decreased annual profit due to the increased legal costs associated with mortgage litigation. However, the Supreme Court's recent admittance of suits brought against ...


The Nation.

Behind JPMorgan Chase's Bait-and-Switch | The Nation
The Nation.
According to lawsuits filed by investor Larry Schneider, the bank sold him thousands of mortgages—then changed the terms of the deal.

and more »

HousingWire (blog)

Part 1: The fallout of the Bank of America vs. City of Miami decision
HousingWire (blog)
The outcome of the City of Philadelphia case and other possible lawsuits on both large and small mortgage lenders could likely negatively affect consumers because lenders will have to pass on the cost of such risk of potential lawsuits to their customers.

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