Investor Lawsuit Seeks To Pause Rocket-Redfin Merger
Plaintiff alleges that Redfin and its board misled investors by omitting critical information from a key proxy statement
Tagged: U.S. Securities and Exchange Commission (SEC)
Fannie Mae’s Net Worth Sees 22% Leap In 2024
The GSE warns of potential for weaker credit performance as economic, home price gains slow.
Flagstar Fined $3.5M For Misleading Statements After 2021 Cyberattack
The SEC issued a hefty penalty and cease-and-desist order, barring future misleading statements
Banks' Mortgage Lending Portfolios Laced With Climate Risk
New First Street Foundation analysis finds 57 banks with a total of $627 billion in real estate loans exposed to “material financial risk” from climate impacts.
Former Wells Fargo Senior Exec Settles Fraud Charges With SEC
While not admitting or denying guilt, agrees to penalties totaling more than $4M.
Supreme Court Decision A Blow To FTC, SEC
Unanimous ruling allows businesses to sue over alleged constitutional violations of their oversight.
MBA: Proposed Rule Would Stifle Securitizations
In letter to SEC, MBA says proposed rule on conflicts of interest is overly broad.
SEC Looking Into Wells Fargo Communications
Regulators have been cracking down on retention of employee messages