Compliance

The wife of the nation’s most prominent socialist legislator is the subject of a federal investigation regarding her role in the ultimate capitalist nightmare: A failed real estate deal
The wife of the nation’s most prominent socialist legislator is the subject of a federal investigation regarding her role in the ultimate capitalist nightmare: A failed real estate deal.   According to an Associated Press report, Jane O’Meara Sanders, the wife of Sen. Bernie Sanders (I-VT), is the... Keep Reading....
On behalf of the Federal Housing Finance Agency (FHFA), Acting Director Edward J. DeMarco has accepted the FHFA's fourth consecutive Certificate of Excellence in Accountability Reporting (CEAR) Award for the agency’s 2011 Performance and Accountability Report. The CEAR Award is the highest award... more
The Federal Reserve Board (FRB) has released action plans for Citigroup and HSBC Finance Corporation to correct deficiencies in residential mortgage loan servicing and foreclosure processing. It also released the engagement letter between Ally Financial Inc. and the independent consultant retained... more
The Financial Industry Regulatory Authority (FINRA) has announced that it has fined Citigroup Global Markets Inc. $3.5 million for providing inaccurate mortgage performance information, supervisory failures and other violations in connection with sub-prime residential mortgage-backed... more
California Attorney General Kamala D. Harris has announced seven bills in the California Homeowner Bill of Rights to protect homeowners from unfair practices by banks and mortgage companies passed out of Legislative committees. The bills include measures to protect tenants in the foreclosure... more