Settlement | Page 3 | National Mortgage Professional Magazine
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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
The National Fair Housing Alliance (NFHA) has settled a lawsuit with Travelers Indemnity Co. that...Read more
Buyers' monthly housing costs are growing rapidly as mortgage rates have risen significantly since the beginning of the year
Residential property delinquencies showed signs of despite the lingering impact of Hurricanes...Read more
A total of 649,000 foreclose starts and a total of 232,000 foreclosure sales took place in 2017
A total of 649,000 foreclose starts and a total of 232,000 foreclosure sales took place in 2017,...Read more
Ocwen Financial Corporation will join the NAACP to host a borrower outreach event in Houston for homeowners who are having difficulty making their mortgage payments or experiencing a hardship due to Hurricane Harvey
Ocwen Financial Corporation will join the NAACP to host a borrower outreach event in Houston for...Read more
General Electric has agreed to a $1.5 billion settlement to resolve federal claims involving the alleged misrepresentation of sub-prime loans originated by its former sub-prime mortgage subsidiary WMC Mortgage
The Federal Trade Commission (FTC) has charged 11 companies and three individuals with running a...Read more
Dart Appraisal has announced the celebration of its 25th anniversary in 2018
Dart Appraisal has announced the celebration of its 25th anniversary in 2018. “Very early on, I...Read more
New York City-based SLK Global Solutions, a business process transformation enterprise provider, has named Nate Johnson as its new senior vice president-mortgage business leader
PHH Corp. has announced a settlement with the Multi-State Mortgage Committee (MMC) and the...Read more
Ocwen Financial Corporation has announced that in 2017, the company helped approximately 45,650 families avoid foreclosure and remain in their homes
The New York Department of Financial Services (DFS) has fined PHH Mortgage Corp. $119,000 for...Read more
When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the nation for flipping this particular property, according to data from the online real estate marketing platform Hubzu
Home flippers are not seeing the big bucks they had hoped for, according to ATTOM Data Solutions’...Read more
The serious delinquency rate for mortgage loans declined from 1.67 percent in the first quarter to 1.37 percent at the end of the second quarter, according to new data from TransUnion
Default rates on first and second mortgages were up in October, according to the latest S&P/...Read more