Settlement | National Mortgage Professional Magazine
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Settlement

Radian Group Inc. has announced that its subsidiary, ValuAmerica, is being renamed Radian Settlement Services Inc.
Radian Group Inc. has announced that its subsidiary, ValuAmerica, is being renamed Radian Settlement Services Inc.   The subsidiary offers settlement and appraisal products and services. The rebranding is part of the Philadelphia-based companies plan to unite all of its subsidiaries under the... Keep Reading....
HSBC has reached definitive agreement with the Department of Justice that resolves charges related to the underwriting, issuance and securitization of residential mortgage-backed securities (RMBS) from between 2005 and 2007
  Wells Fargo Bank N.A. and a group of institutional investors including funds affiliated with BlackRock Inc. and PIMCO have announced the resolution of two class action lawsuits in federal and California state court related to Wells Fargo’s role as trustee for 271 residential mortgage-backed... more
Wells Fargo has acknowledged that it erroneously foreclosed on more homes than it had initially reported this summer
Wells Fargo has acknowledged that it erroneously foreclosed on more homes than it had initially reported this summer.   According to a UPI report, the San Francisco-based lender admitted the issue in a quarterly 10-Q filing to the Securities and Exchange Commission. Wells Fargo blamed an internal... more
While most colleges are in the process of welcoming students back to class, a small college in Arkansas is finding itself in an unusual situation of being slapped with a foreclosure lawsuit
While most colleges are in the process of welcoming students back to class, a small college in Arkansas is finding itself in an unusual situation of being slapped with a foreclosure lawsuit.   According to a report in the Northwest Arkansas Democrat Gazette, Ecclesia College in Bentonville, Ark.,... more
The Royal Bank of Scotland Group (RBS) has agreed to a $4.9 billion settlement with the Department of Justice related to the company’s issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007
Ocwen Financial Corporation, New Jersey Citizen Action (NJCA), and the New Jersey State Conference of the NAACP (NJ NAACP) are teaming up on Wednesday, Aug. 15, 2018, at the Appian Way in Orange, N.J., to help Ocwen customers explore available solutions to make their mortgage payments more... more