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Law firm Ellis George Cipollone says it filed suit in federal court in Calif.
Departure comes on heels of net $1.34B loss at parent company Finance of America
Pool comprises 891 residential mortgage loans with an aggregate principal balance of $1 billion.
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Median home sales prices continue to surge
Each of the four major U.S. regions saw sales of existing homes fall on a month-over-month basis in February.
Home value growth last year exceeded median income in 25 of 38 major metros it studied, with appreciation reaching higher than $100,000 in 11 of them.
'They’re looking to decimate the industry without realizing the result of that decimation': Nema Daghbandan, a partner in Geraci LLP, said.
Expanding national lender offers a suite of home loans